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Public Housing Provision and Private Housing Prices: A Causality Analysis for Turkey

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  • Ali Osman Solak

    (Bolu Abant Izzet Baysal Unıversity)

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.

Suggested Citation

  • Ali Osman Solak, 2025. "Public Housing Provision and Private Housing Prices: A Causality Analysis for Turkey," International Real Estate Review, Global Social Science Institute, vol. 28(2), pages 235-253.
    • Handle: RePEc:ire:issued:v:28:n:02:2025:p:235-253
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    References listed on IDEAS

    as
    1. Yener Coskun & Unal Seven & H. Murat Ertugrul & Ali Alp, 2020. "Housing price dynamics and bubble risk: the case of Turkey," Housing Studies, Taylor & Francis Journals, vol. 35(1), pages 50-86, January.
    2. F Chorley & C Liu, 2021. "Does UK social housing affect housing prices and economic growth? An application of the ARDL model," Economic Issues Journal Articles, Economic Issues, vol. 26(1), pages 21-43, March.
    3. Ahmet Gökçe Akpolat, 2022. "The asymmetric effects of real variables on real housing prices: a nonlinear ARDL analysis for Turkey," International Journal of Housing Markets and Analysis, Emerald Group Publishing Limited, vol. 17(3), pages 565-590, November.
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