Real Estate Education in Istanbul: Analysis of Demand and Supply

Kerem Yavuz Arslanli

ERES from European Real Estate Society (ERES)

Abstract: The aim of this paper is to give an overview of the real estate education in Istanbul Rapid urbanization after 1980 and economic crises in 1994 and 2001, respond professionals to the real estate education field. Paper identifies challenges and experiences and challenges in the real estate market in Istanbul that has the largest population in Turkey and between 1950 and 2000, its population increased from 1,002,085 to 12.018.735, primarily due to rural migration. While Istanbul accounts for 15 percent of Turkeyís population, the share of its GNP is 22.1 percent of Turkeyís GNP. These characteristics together with being in an excellent location between Asia and Europe for the international firms, stimulates its real estate market. This paper addresses the inequalities in supply side of real estate education to overcome rapid growth in demand. Author suggests hierarchical real estate education systems to overcome rapid growth and regulation challenges.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2008-12-01
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2008_edu_105

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