Failure of Waqfs to Adjust Rental Rates to Prices; Structural Impairment or Managerial Rigidity

Date

2017-01-01

Author

Orbay, Kayhan

Metadata

Show full item record

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Item Usage Stats

148
views

0
downloads

It is widely held view in the waqf studies that waqf institutions could not maintain their urban properties nor increase their rental income in line with price increases due to structural impairment and managerial rigidity. I argue in this paper that imperial waqfs did have ways of adapting and increasing their rent income. However, economic and commercial developments, disasters, external and coercive factors constricting the financial capacity of waqfs led to the loss of urban properties and income. Nevertheless, they devised the double renting method which enabled them to re-build and repair, thus maintaining the properties and creating further funds. Thus, the imperial waqfs coped with difficulties in the upkeep of properties and sustained their urban income well into to the Late Ottoman period. From the mid-19th century onwards, new institutions and regulations created impediments for waqfs; however, many imperial waqfs retained their properties into the twentieth century.

Subject Keywords

Waqf, Urban properties, Urban income, Double-renting

URI

https://hdl.handle.net/11511/53881

Journal

BULGARIAN HISTORICAL REVIEW-REVUE BULGARE D HISTOIRE

Collections

Department of History, Article

Suggestions

OpenMETU
Core

Empirical investigation of owner-occupiers' reinvestments in housing: the case of Ankara, Turkey Özdemir Sarı, Özgül Burcu (Springer Science and Business Media LLC, 2014-03-01) In Turkey, reinvestments in the existing housing stock are entirely dependent on households' decisions in the free market. There are no policies to consider reinvestment processes, and the body of knowledge on households' reinvestment decisions is scant. Understanding how individual reinvestment decisions are determined is vital to devise policy measures to improve the condition of the existing housing stock and neighbourhoods. In this study, an attempt is made to identify the basic motivations and factors ...
Spatial formation of the interface between university and city: consideration of the interfaces of Ankara University and METU in their own contexts Köse, Semra; Günay, Baykan; Department of City and Regional Planning (2010) Universities have a significant role in society as they are generators of economic activity, as land developers, as neighbors and as property owners. Therefore it is a focal point in the community. Every university lives within a surrounding community. They have been creating their own relations with the neighborhoods. The space that the university confronts with the city is shaped according to the needs of the people from the university and the inhabitants of the area. Between the university and the city, ...
Spatial variation of apartment housing in Ankara Topçu, Metin; Türel, Ali; Urban Design in City and Regional Planning Department (2004) This thesis contains explanations about the reasons why residents prefer apartment housing to low rise housing far away from the central business district. And it also investigates the facts that affect residents̕ and producers̕ apartment housing choice. As a dominant housing provision type, apartment housing is produced every location in urban space in Ankara. Therefore the study begins with investigating the formation and growth of apartment housing in Ankara by introducing spatial variation of apartment ...
A study of housing prices in Ankara Karagöl, Tuba; Türel, Ali; Department of City and Regional Planning (2007) Housing price studies is the first step of housing market analysis. Prices are determined at the intersection point of supply and demand curves, which determine equilibrium point that represents equilibrium price and quantity level. At a point in time demand factors are more important in determining the prices because short-run supply curve is almost vertical. However, in the long run supply of housing, and its certain attributes, will increase if price premium arises in the previous periods. In most of the...
Housing affordability of different income groups in turkey: regional comparison Aksoy, Esma; Özdemir Sarı, Özgül Burcu; Department of City and Regional Planning (2017) Housing affordability has been a major topic of interest both for researchers and policy makers in many countries. However, in the Turkish case, research on housing affordability is scarce. The problem of housing has usually been considered as a quantitative deficiency problem in Turkey, and for many decades any other dimension of the problem is neglected. Increasing the housing stock in numbers has always been given priority by the Turkish governments. This tendency to support new housing production has co...

Citation Formats

K. Orbay, “Failure of Waqfs to Adjust Rental Rates to Prices; Structural Impairment or Managerial Rigidity,” BULGARIAN HISTORICAL REVIEW-REVUE BULGARE D HISTOIRE, pp. 18–42, 2017, Accessed: 00, 2020. [Online]. Available: https://hdl.handle.net/11511/53881.