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Abandoned villas: Turkey’s luxury ghost town

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Amid a real estate crisis in Turkey, nearly 1,000 construction companies have gone bankrupt in less than a year. Before the start of the economic downturn, millions of dollars had been pumped into luxury housing projects across the country. In the western Anatolia region lies a stark symbol of this crisis: a ghost town with hundreds of abandoned Renaissance-style villas. Our colleagues from France 2 report, with FRANCE 24's Maud Jullien.

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87 comments

    1. William Davis

      @Faragar, you’re right it’s absolutely insane.

      Then the stupid company who built these on high leverage are wondering why no one wanted to buy there and why they went bankrupt lol

    1. Susanna

      @Lynn Ly I don’t. Never been in Middle-East, in Turkey only one time.
      Not all middle Eastern are Muslims and my middle – Eastern friends don’t want to be labelled as muslims and that’s my whole point. They are middle Eastern and Turkish not muslims and good for them for not identify with any religious cult. Stop making it look like religion is same as nativeness or race, its not.

    1. Zhi Han Lee

      Which is what Singapore did with its public housing (housing ~85% of the population); they have pretty standardised designs (to reduce cost) but in addition each apartment building (or ‘block’ as we call it) is given an identifying number (roughly indicating which neighbourhood the block is within each town) that’s displayed on the building’s exterior as well as in it’s lift lobby.

    2. Hatice

      @Simon Phoenix so, there is no other way but destroy the land with all its habitat to make profit while selling ugly and unfunctional so called luxury houses? (In this case they couldn’t even sell them) If necessary, i would prefer living in the forrest rather than living among the fools like you.

    3. Hatice

      Try not bother to explain guys, they imitate and most of the time it sells, and while they do it they destroy the most valuable parts of the land. I hope forest and wilderness take back the land.

  1. Thomas Wiegele

    The reason why you would want a Castle is because it’s unique. When you are surrounded by 400 similar properties it just doesn’t have any appeal no matter the grass and the lakes.

    1. CHINA DASH AUTHORITY

      Ya’ll saying this is like American suburbs are overexaggarating your point… Yes there is uniformity in American suburbs, no they do not stack house 10 meters from each other that look exactly the same, with no yard, no nothing. So NO, this does NOT look like American suburbs.

    1. Zhi Han Lee

      Reminds me of the Forest City mixed-use property development along Malaysia’ southern coastline, which also involved reclaiming ~12-16km^2 of land, & originally offered Malaysian PR to buyers, but former PM Mahathir Mohammad cancelled that offer when he took power in 2018 after the development was already underway, causing sales there to drop sharply. Mahathir is less China-friendly than his predecessor, & many of the buyers came from China, with the Forest City being developed by a Chinese developer called Country Garden in a JV with a company owned by the king of Johor, the Malaysian state where the development is in (that might also further increase the animosity that Mahathir already had against Malaysia’s monarchs I think). There’s a B1M video about it saying how the land reclamation saves on the need to cut down trees in Malaysia’s forests, but on the other hand it can pollute the Strait of Johor (some fishermen have expressed concern I think about their catch being reduced, while neighbouring Singapore is also concerned that the reclamation will push the sea border along that strait, between both countries, closer to Singapore).
      The plan is for Forest City to eventually home ~700,000 residents (just >10% of Johor’s current population I think, & also equal to a higher percentage of Singapore’s population too) & help push Johor (more specifically it’s Iskandar development region, the closest parts of the state to neighbouring Singapore) to become to Singapore more like what Shenzhen is like to HK, but I forsee there might be a challenge posed due to the smaller co-ordination of policies between Singapore & Johor as compared to HK & Shenzhen (because the former are 2 separate sovereign entities that are also economically competing against each other, while the latter are both co-ordinated under the central government in Beijing I believe). I recall a selling point of Forest City was how it’s only 10-15min from downtown Singapore (by car, according to Google Maps, but wait, that excludes the time spent queuing at the border crossing – 1h+ during peak hour I think, & that’s now mostly closed due to CoViD-19), while the cost of living in Malaysia (where Forest City is in) is lower than Singapore (but it’s rising also). Think the Singapore government would logically have little incentive then to ease the congestion & queues at its border crossings with Malaysia, as it’d then become more convenient for people to travel from Singapore to Malaysia to spend on goods & services, & remit their salaries from their careers in Singapore (where wages are higher) to their families living in Malaysian properties, causing more outflows from Singapore’s economy.

  2. Real Mexican Food Shouldn't Give You Diarrhea

    So I have very vivid dreams and I dreamt of a similar city as a kid. I dreamt I was lost and it was night time and all the houses looked like this. I found this video trying to find out if it existed and voila. It’s creepy when you dream places you’ve never seen and they actually exist.

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