Israel:The Housing Shortage and Other Israeli Property Market Myths

In a new book, economist Elli Kraizberg tears down conventional wisdom and reveals 90 factors that really explain why prices are soaring . “Real estate accounts for 19% of gross domestic product directly and another 13% indirectly. Real estate accounts for not less than 40% of the public’s total wealth. It is unlikely that you […]

manager No Comments February 15, 2016 8:17 am

Israel:Kahlon announces plan to lower housing prices

Finance minister focuses on deregulation, speeding up construction and disincentivizing property investment. Finance Minister Moshe Kahlon on Wednesday announced what he called the first phase in a plan for reducing Israel’s skyrocketing housing prices. He is expected to bring his initial proposals to a vote in the Housing Cabinet on Monday. In a statement, Kahlon […]

manager No Comments June 12, 2015 5:01 pm