All Entrepreneur Real Estate Consultants Association

High rents are not the only problem tenants looking for a new apartment have to deal with in Türkiye, as those who are lucky enough to find a house they can afford also need to meet several "tough" conditions imposed by landlords before they move in.

Property owners started to seek additional assurances from potential occupants last year as some tenants failed to pay their rents.

Homeowners who want to sell their properties in the market are now more willing to negotiate prices as existing home sales continue to decline.

Home sales plunged for a fifth month in a row in June. In the month, only 84,000 homes changed hands, pointing to a steep 44 percent decline from a year ago with existing home sales plunging more than 45 percent to around 58,000.

The rent crisis, which has been affecting millions of citizens for more than two years, has become one of the priorities of the public.

Last year, a 25 percent cap on rent increases was imposed by the government, and the deadline was extended this year.