Tel Aviv Is a Top Destination for the World's High Net Worth Individuals | Tel Aviv Real Estate News

According to an article published in the Independent, Tel Aviv ranks third in the world as the destination of choice for high net worth individuals. The report points out the exit of many European cities of such individuals, with Tel Aviv attracting more than 2,000 over the past year.The article attributes Tel Aviv’s attraction as a living and investment destination due to its booming economy, ever developing technology scene, and overall superb weather.
What will the influx of high net worth individuals means for the Tel Aviv real estate market? What will it mean for the prices of Tel Aviv luxury properties?