Will Israel’s New Policies Help Stop the Rise in Home & Apartment Prices?

The head of the OECD (Organisation for Economic Co-operation and Development) was quoted saying that his organization is, “following the rise in real estate prices. The steps taken by the Bank of Israel and the Israeli Government will be effective and will help moderate prices.”

I have a question for you, dear reader: Do you think the market will stabilize due to the government’s own work, or the refusal of buyers to pay home sellers’ prices? As always, your thoughts are welcomed!