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The Intelligence: when Sall tempted Faye

Economist Podcasts

CHAPTER

Istanbul's Housing Crisis: Earthquake Vulnerability and Economic Strain

This chapter examines the precarious condition of Istanbul's housing infrastructure, particularly the susceptibility of pre-2000 buildings to earthquakes amidst economic difficulties. It discusses the rising inflation affecting construction costs and rents, leading to a significant housing crisis and the challenges faced by residents in vulnerable situations. The contrast between governmental promises for reconstruction after past earthquakes and the reality of slow progress underscores the urgency of addressing these pressing housing issues.

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