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.

 

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Keywords

Turkey, Public housing provision, Social housing policy, Low-income housing, Housing prices