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Wednesday, June 08, 2011

Erdogan Taps Building Boom With Housing Lottery as Turkish Cities Reshaped - Bloomberg

"Erdogan Taps Building Boom With Housing Lottery as Turkish Cities Reshaped
By Steve Bryant and Benjamin Harvey - Jun 8, 2011 10:01 AM ET

Osman Akin borrowed 3,000 liras ($1,910) from his wife’s sister and prayed until morning before squeezing into an Istanbul sports hall with others hoping to buy one of 110 new homes. "

More:Erdogan Taps Building Boom With Housing Lottery as Turkish Cities Reshaped - Bloomberg