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Ruth Abrahami's tips

Real estate prices and taxation in Israel

According to a recent article in Globes, housing prices in Israel have risen 45% since 2005. Over the past few years, in an effort to reverse this trend, the government has tried several different measures to bring down prices, including restricting lending practices by the banks and making changes to real estate prices, as prices are ultimately driven by supply and demand, and currently the demand far outpaces housing supply in Israel.

Jane Olman, an attorney in Jerusalem with Portman-Rachlin, explains about real estate prices and taxation in Israel.