The Tenants' Committee stated in a statement that "a rental law was issued in 2014, which was valid for a period of two years and two months. Then another law was issued in 2017, namely Law 2/2017, published in the Official Gazette on 28/2/2017. This law granted a 9-year period for tenants who do not benefit from the fund, recalculating this new 9-year period starting from 28/2/2017. Likewise, the increases in rents are also to be recalculated starting from this date."
It continued: "As for tenants with limited income, i.e., the beneficiaries of the fund, the law gave them a period of 12 years starting from the date the fund (account) came into effect. However, it seems unfortunately that the fund has not yet come into effect. Therefore, the law remains suspended according to Article 58 for this category, as the fund has not yet been implemented. The applicable decrees were only issued on 4/10/2019, and the October Revolution erupted just a few days after its approval, with both banks and the state declaring a halt to payments."
The committee asked: "Who bears the risks of the instability experienced by this vulnerable group of citizens regarding such a significant social issue? The alarming part of the matter is that there are exorbitant rent fees accumulating (4% of the value of the rented property, knowing that old reports are no longer realistic due to price changes resulting from the economic collapse the country has experienced), whether it falls upon the state or the tenants (non-beneficiaries of the fund), especially since the vast majority have not had their rents determined yet. These accumulating fees reach the equivalent of 30% of the apartment price at that time, which is 100% of the apartment price today."
