Affected by the global COVID-19 epidemic, house prices in many countries will be further pushed up in 2020. Among them, many emerging markets have performed strongly, and Turkey, where house prices have risen for four consecutive quarters, is one of them. Data show that house prices in Turkey rose by 5.5% in the fourth quarter of last year, ranking first in the world.

What is the reason for the soaring housing prices in Turkey?

Since the COVID-19 epidemic spread around the world, the economies of all countries have been directly affected. In order to reduce economic losses, the United States has adopted some related stimulus policies, which directly led to the increase of money supply, and a considerable part of these increased money rushed into real estate and became a sharp weapon to resist inflation. The bank's interest rate cut has played a lot of roles, because the bank's interest rate cut will have a positive incentive effect on people's investment behavior, so people are willing to borrow money, and the increase in the number of borrowers will increase the demand for buying a house. When the demand increases and the supply remains unchanged, the supplier has an advantage and the house price will rise. ?

Will the Turkish central bank not take measures? ?

On the one hand, the Turkish central bank is worried about excessive inflation, on the other hand, it is worried that the yield of US bonds will rise rapidly and it is afraid of being lowered again. It did raise interest rates, but it caused the domestic stock market to melt and the domestic wealth to be looted again. This is the sorrow of some emerging markets. If the manufacturing industry and the real economy are not well developed, it will eventually be difficult to escape from wave after wave of leek cutting. Maybe some people can escape, but that's just the comprador and bureaucratic capital of the four big families in the Republic of China. Ordinary people are not so lucky.

How to treat the current financial market in Turkey and the domestic financial market?

It is only a matter of time before Turkey collapses. Because his economy is controlled by American and European capital, he is now turning to anti-American Europe. The United States and Europe will definitely withdraw their funds. Drive the lira exchange rate to collapse sharply. However, Turkey will not collapse. After all, the industrial foundation is still there, and I won't worry about eating and drinking in Istanbul. Anti-American Europe can also get each other's support. What Turkey will do next is to withdraw the US troops and sever the Turkey-US alliance. Turn to form an alliance with the other side.