Business
OECD warns of real estate bubble in Israel
Amnon Atad, Lior Gutman
Published: 12.12.11, 13:47
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3 Talkbacks for this article
1. It's obvious what the problem is here...
Henry from New York ,   USA   (12.12.11)
This free Palestine business has to stop. They have to start charging or at the very least offer a new deal. Free Palestine, with purchase of any other Palestine of equal or greater value.
2. OECD advice?
jerri i ,   nyc   (12.13.11)
Don't believe them. They screwed up their countries by following it. I also doubt that more people bought apartments in Israel because of the lower interest there. The real estate markets in Israel are being driven by noncitizens who are investing there because of the dangers in Europe, US, and other areas of the world. I also suspect that most of these investments are being driven by people who are bringing assets to Israel.
3. The prices are falling
Ron   (12.14.11)
The market froze one day few months ago and now there are some deals but the prices are 20% lower.
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