Independence Day 2011 Guide
Israeli Independence Day (Yom Haatzmaut) is this Monday night through Tuesday night, and there is plenty to do here in Tel Aviv! Read this guide […]Read more
Tel Aviv's Top Pizza Spots
Love Pizza? Who doesn’t? Just because you’re in the Middle East doesn’t mean you can’t enjoy a great slice! The Jerusalem Post just did a […]Read more
Tel Aviv’s Top Pizza Spots
Love Pizza? Who doesn’t? Just because you’re in the Middle East doesn’t mean you can’t enjoy a great slice! The Jerusalem Post just did a […]Read more
Tel Aviv is the World’s 3rd Coolest City – Not Bad!
The world’s foremost travel nerds, Lonely Planet, released their annual top 10 cities for 2011 a few months back, and our beautiful city, of course, […]Read more
Tel Aviv is the World's 3rd Coolest City – Not Bad!
The world’s foremost travel nerds, Lonely Planet, released their annual top 10 cities for 2011 a few months back, and our beautiful city, of course, […]Read more
Israeli Mortgage Rates Fall 16% from the All Time High – Great News?
Mortgage rates in Israel have fallen 16% from 2010’s all time highs, prompting the masses to begin speculation for the short and long term effects […]Read more
Israeli Mortgage Rates Fall 16% from the All Time High – Great News?
Mortgage rates in Israel have fallen 16% from 2010’s all time highs, prompting the masses to begin speculation for the short and long term effects […]Read more
Israeli Housing Market Index Hits a 6 Year Low
The Mishkan Housing Market Index, a monthly index that measures the financial conditions of the Israeli Housing Market, hit a 6 year low in December 2010, the lowest since October 2004. The index is made up of 4 factors; the Israeli average salary, the unemployment rate, national apartment prices, and the mortgage interest rate. According to Bank HaPoalim, “the prices of homes in Israel rose 14.7% in the preceding 12 months. Since the last low point in 2007, prices has risen 38% in real terms”. That being said, the index has fallen 21% from its high point of 171 points in July 2008.Read more
Israeli Mortgage Interest Rate Rises, Yet Again…
Now let’s face it, mortgage rates in Israel aren’t exactly the most interesting thing in the world to most us outside of finance, but they’re sure as hell really important nonetheless. Here’s what you need to know—they’ve risen, yet again. Due to new regulations from the Bank of Israel (Israel’s Central Bank) in an effort to cool the hot housing market, the retail banks of the nation are in a frenzy coming up with a number of new regulations and rates, the majority of which are of no help to most us.
How Much Are People Willing to Pay to Live in Tel Aviv? Apparently, Quite a lot…
“Tel Aviv is the center of it all”. “We have two countries here, the State of Israel, and the State of Tel Aviv”. “Oh what a dream it would be to live in Tel Aviv”. We’ve heard them all. It seems on the surface, that everyone in Israel would sell their first born to move within the relatively small borders of this city of 404,000 souls within 51 square kilometers / 19.8 square miles.