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

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.


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, ...
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...
Displacement and asset transformation from inner-city squatter settlement into peripheral mass housing
Borsuk, Imren; Eroglu, Ensari (SAGE Publications, 2020-04-01)
While slum clearance projects in the Global South have displaced a large number of urban poor from the inner city to peripheral areas, peripheral mass housing estates have been developed as a spatial fix to improve the livelihood of the urban poor through slum development projects. Shifting the focus of displacement and poverty studies on changing assets and social experiences of displacement, this study makes an empirical contribution to the literature with a case study from Turkey. It demonstrates that ma...
Analysis of urban morphology in squatter transformation areas
Şahin, Mustafa Raşit; Yetişkul Şenbil, Emine; Department of City and Regional Planning (2014)
The impacts and results of urban transformation has been discussed as an important issue in developing countries by different disciplines as political economy, urban design, city planning and urban sociology. Urban transformation projects in Turkey are mainly criticized since the main focus is about physical transformation. In this context, the aim of the study is to determine what quality of space is produced by urban transformation projects in Turkey. Urban transformation projects creates a different scal...
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: