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Monday, 27 March 04:40 (GMT -05:00)



Business And Politics News

Israeli Real Estate Market


Investing in Israel’s residential property has recently been fairly profitable. Housing prices are growing. They have increased by 50% over the last 5 years.

 
The Israeli housing market is especially popular with Russians. They keep buying apartments even when they are overpriced.
Obviously, you can find a lot of websites offering you to purchase residential property in Israel. However, not all of those real estate agencies vary are reliable. Therefore, it is important to find those agencies that have been in the industry for a long time. They should be licensed and should value their image.  How to find such real estate agencies? What are the criteria?
 

 

 

 

Israeli Real Estate Agencies
 
Israel is a country with highly developed legislation. There is little room for scammers, so they cannot exist for a long time. Therefore, one of the key factors is the number of years a certain agency has been in the industry.  Israel is a small state in terms of territory.
 
Websites
 
Before the crisis, there were 11 000 real estate agencies in Israel. During the crisis, their amount increased. Obviously, the amount of corporate sites related to the Israeli housing market increased as well.
 
At this point, almost 100% of those agencies have websites. More clients start coming from the Internet these days. Therefore, a website is a useful tool in this business. A client can visit a website, look for the list of offers, chat with the company’s support team, read and post comments and so much more.
 
How To Avoid Overpayment?
 
In order to avoid overpayment, it is necessary to work with the industry’s leaders, which are companies that work in several niches, including, development, investment, maintenance etc. They offer their clients a full package of services, thereby helping them to obtain a mortgage loan if necessary, evaluating housing units, financial and legal consulting and so much more. Those companies are usually quick to adapt to legislation changes.
Experts On Israeli Housing Market
 
According to Global Property Guide, a section of Globes, a popular Israeli edition, the Israeli housing market was getting ready for a hard landing in late 2012. Housing prices should have keep declining within the next couple of months.  However, this won’t the case.
 
After a weak rally, (19% over the period 1999-2007) the growth accelerated in 2008-2011. Therefore, most experts treated this rally as a price bubble in the Israeli housing market. There were 3 reasons for the growth: low interest rates, excessive demand and higher activity among various groups of buyers. As of late 2012, the average housing price was $284 941. Therefore, all those expectations of a housing market collapse looks logical.
 
However, there are different types of collapses. It would be wiser to speak about short-term price falls. There have been many of them over the last 20 years. Global Property Guide underlines that prices fell during times of political instability and insecurity connected with armed conflicts with the Arabs. The housing market of Tel-Aviv   suffers most of all when Israel is at war. The bank of Israel reports that the demand for new residential property constantly increases. However, the actual sales volume accounts only for 50% of the overall demand   because of the lack of available offers.
 
As for renting, rent prices have grown over the last 3 years because of the deficit.
There are still tensions with Palestine, Lebanon, Turkey and Iran. Obviously have a negative impact on the Israeli housing market. However, the Israeli economy still remains strong despite all the difficulties. It has survived the global crisis and keeps growing amid tensions and multiple external threats. Israel’s labor power is 100% efficient. It has been one of the world’s leaders in the IT and hi-tech industries.
 
Therefore, strategic prospects and advantages give us to understand that despite multiple negative factors, Israel’s housing market remains a good investment opportunity. Its residential property will always be in demand as the country keeps consolidating its position in the international arena.
 
 
 
 
 

 

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Soros, Rockefeller and Other Billionaires Ask U.S. Government to Raise Taxes for Them

The State of New York’s richest citizens – including some of the world’s richest families such as Soros, Rockefeller, Disney and others – have signed a petition to ask the local authorities to raise the taxes for the super-rich.

 

 
The extra money allocated as the result of those tax hikes are offered to be spend on schools, infrastructure, support for the homeless and other important things. The billionaires say that it’s time to invest in the long-term economic attractiveness of New York.
Publication date: 25 March 06:02 AM

Polish Defense Minister Calls Donald Tusk a Traitor

Not so long ago, Poland found itself in the middle of another political scandal. The thing is that the Polish Minister of Defense accused President of the European Council Donald Tusk in a diplomatic betrayal. For those of you who don’t know, Donald Tusk used to be the Prime Minister of Poland.
 
To be more specific, Donald Tusk was allegedly cooperating with Vladimir Putin when he was the Prime Minister of Poland. They Defense Minister claims that the aim of this cooperation was to undermine Poland’s national interests after the Polish President’s airplane crashed in Russia in 2010. Apart from the President, there were 95 people on board, including a lot of high-ranking Polish politicians. Unfortunately, nobody survived the crash.
 
Publication date: 24 March 09:48 AM

Candidate Macron Is Against Tighter Relations with Russia

Emmanuel Macron is a former French Minister of Economy and one of the candidates of the post of the President of France.  He thinks that France should be moving forward to tighter relations with the Russian Federation.
 

 

During the pre-election debates broadcast by TF1, Emmanuel Macron showed that he wouldn’t make friends with Moscow if he elected President of France. He thinks that France needs independence and tighter cooperation with fellow EU countries. He wants to make France stronger and more independent based on responsibility and real European policies.
 
Publication date: 24 March 12:49 AM

Russia's Become More Influential in the Middle East, Stratfor Says

According to Stratfor, a US-based private analytic company, Russia has really become more influential in the Middle East.
 
According to the recent report released by Stratfor the other day, since the Russian federation has deployed its troops in Syria, it has been increasing its role in the entire region. Apart from helping Iran (shipping weapons) and Egypt (investing through Russian tourists), Russia has been actively participating in several regional disputes at the same time.
Publication date: 23 March 09:32 AM

Evgeny Kiselev on 3 Years of Russia's Crimean Shame

For those of you who don’t know, a couple of days ago, Russia celebrated the 3rd anniversary of getting back the Crimea, which was essentially annexation. Evgeny Kiselev, a famous Russian journalist who later got the Ukrainian citizenship, decided to comment on the results of Russia’s annexation of the Crimea that took place 3 years ago.
 
Publication date: 23 March 04:27 AM

Europe Looks Helpless Under the Treat Coming from Russia, Experts Say

According to several experts, including Mikhail Samous, a military expert from Ukraine, at this point the entire Europe looks helpless when it comes to any possible threat coming from Russia.
 

 

To be more specific, Mikhail and his fellow experts assume that Europe has still failed to come up with efficient ways of resisting the kind of a hybrid war Russia has been waging in Ukraine, and even some other places around the world.

Publication date: 22 March 08:43 AM

Trump's in Search of Peaceful Conflict Resolution in Donbass

Donald Trump met with Angela Merkel. There are reported to have spent a lot of time discussing the situation in Ukraine.
 

 

Having talked to Angela Merkel, Donald Trump agreed with the idea of peaceful resolution of the Donbass conflict. However, he also gave everyone to understand that some other scenarios are possible as well. He said that ideally they are looking for the ways and means to resolve the conflict in a peaceful way.
Publication date: 22 March 02:54 AM

Queen Stats Brexit

From now on, the British government is allowed to start the so-called Brexit, i.e. the process of quitting the European Union for good. The thing is that the previously approved document aimed at starting the Brexit procedure is now signed by Queen Elizabeth II. This means that the British government has got a green light to implement the people’s will expressed during the corresponding referendum on June 23rd, 2016. From now on, there is no stopping Theresa may from starting the Brexit.

Publication date: 20 March 11:28 AM

It’s Necessary to Prevent Russia from Influencing the Balkans, Theresa May Says

According to British Prime Minister Theresa May, the Balkan states are in jeopardy. This threat is coming from Russia. That’s why she thinks that European leaders should establish tighter cooperation with those Balkan states that are not EU members to avoid letting Russia spread their influence over those states.

Publication date: 20 March 06:12 AM

Angela Merkel's Gonna Shed Some Light on the Situation in Ukraine for Donald Trump

Several Western online sources report that Angela Merkel is willing to tell Donald Trump all the truth about what’s really going on in Ukraine. The thing is that German observers assume that Donald Trump knows relatively little about the situation in Ukraine in general and the East of Ukraine in particular. That’s why they assume that their Chancellor seems to think that it’s now here responsibility as a European leader to shed some light on the situation and help the U.S. President understand the real state of affairs in the region, especially in the Crimea and Donbass.

Publication date: 20 March 05:35 AM