How Turkey’s lira crisis was written in Istanbul's skyline
Those observing Istanbul’s construction boom will not have been surprised by last week’s currency collapse – it’s all based on debt
Pesha Magid and Umar Farooq in Istanbul
Thu 23 Aug 2018 07.00 BST
From a distance, Esenyurt, a newly built up neighbourhood on the edges of Istanbul, looks a bit like Hong Kong or Dubai, with a bustling downtown of shiny skyscrapers. Upon closer examination, however, you notice that tower after tower stands incomplete, lacking windows or furnishings; others are only half-occupied, their windows dark after nightfall.
More:How Turkey’s lira crisis was written in Istanbul's skyline | Cities | The Guardian