Public Housing Provision and Private Housing Prices: A Causality Analysis for Turkey
Author
Start Page / End Page
Volume
Issue Number
Year
Publication
Ali Osman Solak
235 / 253
28
2
2025
International Real Estate Review
Abstract
This study aims to investigate whether there is a causal relationship between public housing provision and private housing prices in Turkey. Using the Emirmahmutoglu-Kose approach, a panel data set that covers 26 regions in Turkey is analyzed. The results reveal the presence of a two-way causal relationship between public housing provision and private housing prices for the entire panel. Further investigation reveals that in four of the regions, public housing provision has a causal impact on housing prices, while in three of the regions, housing prices have a causal impact on public housing provision.
Keywords
Turkey, Public housing provision, Social housing policy, Low-income housing, Housing prices