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dc.contributor.authorGündüz, Lokman
dc.contributor.authorGenç, İsmail H.
dc.contributor.authorAysan, Ahmet Faruk
dc.date.accessioned2022-03-10T08:10:13Z
dc.date.available2022-03-10T08:10:13Z
dc.date.issued2022en_US
dc.identifier.citationGÜNDÜZ, Lokman, İsmail H. GENÇ & Ahmet Faruk AYSAN. "Buying Citizenship: A Boon to District-Level House Prices in Istanbul", Housing Policy Debate, (2022): 1-16.en_US
dc.identifier.urihttps://www.tandfonline.com/doi/full/10.1080/10511482.2021.2013283#:~:text=This%20study%20estimates%20the%20short,favored%20most%20by%20immigrant%20investors.
dc.identifier.urihttps://hdl.handle.net/11352/4073
dc.description.abstractCitizenship by investment (CBI) programs have recently garnered significant academic and media attention. Turkey introduced such a program in 2017 that offers citizenship in exchange for investment in residential property. Through the program, thousands of foreigners, mainly from the Middle East and Asia, have purchased houses, particularly in Istanbul. Foreigners’ share of total houses sold in Istanbul almost sextupled and exceeded 10% of total sales. This study estimates the short-run impact of relatively wealthy foreigners on the residential property prices in Istanbul investing to buy a Turkish passport. It finds that the Turkish CBI program positively impacts house prices by 2% in the districts, which are likely to be favored most by immigrant investors.en_US
dc.language.isoengen_US
dc.publisherTaylor & Francis Groupen_US
dc.relation.isversionof10.1080/10511482.2021.2013283en_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectCitizenship by Investment Programen_US
dc.subjectHouse Pricesen_US
dc.subjectImmigrationen_US
dc.subjectIstanbulen_US
dc.titleBuying Citizenship: A Boon to District-Level House Prices in Istanbulen_US
dc.typearticleen_US
dc.relation.journalHousing Policy Debateen_US
dc.contributor.departmentFSM Vakıf Üniversitesien_US
dc.contributor.authorIDhttps://orcid.org/0000-0003-4180-4470en_US
dc.contributor.authorIDhttps://orcid.org/0000-0001-5059-5821en_US
dc.contributor.authorIDhttps://orcid.org/0000-0001-7363-0116en_US
dc.identifier.startpage1en_US
dc.identifier.endpage16en_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.contributor.institutionauthorGündüz, Lokman


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