Will the Rothschild Boulevard Protests Create a Change in the Tel Aviv Real Estate Market?

Will the Rothschild Boulevard Protests Create a Change in the Tel Aviv Real Estate Market?

Anyone who has been in Tel Aviv over the last week has surely noticed the tent village that has sprouted up along Rothschild Boulevard in the heart of the city. What first started as a few students protesting the lack of cheap apartments for rent in the city has turned into a mini city of 100’s of families and individuals, with residents ranging from middle class families to current parliament members. Their demands? Solutions for affordable housing in the center of the city, a stop to the rise in home prices, and a reduction in the price of apartments for rent in Tel Aviv.Read more

What’s Happening in the Israeli Real Estate Market? | Perspectives on the Housing Market in Israel

What’s Happening in the Israeli Real Estate Market? | Perspectives on the Housing Market in Israel

Over the past month, the Israeli business press has been flooded with numerous articles and interviews concerning the state of the Israeli housing market. After seeing a steady increase in housing prices since 2007, at an average rate of 12% a year, prices rose over 15% in the last year, prompting many in the press and public to claim a bubble, due to these numbers being out of the norm for a developed country.

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What's Happening in the Israeli Real Estate Market? | Perspectives on the Housing Market in Israel

What's Happening in the Israeli Real Estate Market? | Perspectives on the Housing Market in Israel

Over the past month, the Israeli business press has been flooded with numerous articles and interviews concerning the state of the Israeli housing market. After seeing a steady increase in housing prices since 2007, at an average rate of 12% a year, prices rose over 15% in the last year, prompting many in the press and public to claim a bubble, due to these numbers being out of the norm for a developed country.

Read more

Israeli Real Estate Taxes are Amongst the World’s Lowest | How Will the Israeli Housing Market React?

Israeli Real Estate Taxes are Amongst the World’s Lowest | How Will the Israeli Housing Market React?

While many often complain about the relatively high rate of taxes here in Israel, there is a dim of light – Real Estate Tax. According to a new study comparing Israel, the United States, Japan, France, Russia, Spain, Canada, and Australia, real estate taxes in Israel came out to be the least amongst the group for a first hand apartment. For a second hand apartment and capital gains tax while selling, Israel was in the middle of the pack, not to be expected for a country known for its high tax rates.

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Israeli Real Estate Taxes are Amongst the World's Lowest | How Will the Israeli Housing Market React?

Israeli Real Estate Taxes are Amongst the World's Lowest | How Will the Israeli Housing Market React?

While many often complain about the relatively high rate of taxes here in Israel, there is a dim of light – Real Estate Tax. According to a new study comparing Israel, the United States, Japan, France, Russia, Spain, Canada, and Australia, real estate taxes in Israel came out to be the least amongst the group for a first hand apartment. For a second hand apartment and capital gains tax while selling, Israel was in the middle of the pack, not to be expected for a country known for its high tax rates.

Read more