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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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Trump’s Policies Make USA Lose Their Leading Position in the West

More and more international experts are concerned about Donald Trump’s policies. Some of them are concerned that because of him and his actions, the USA may lose their leading role in the Western world.  

 

 

According to Fareed Zakaria, political expert, CNN host and columnist for The Washington Post, Trump’s recent political decisions have made the European Union so united that Putin could never have dreamed of. Even though he is not going to make the Western world collapse, the USA may still lose the number-one status in the Western world.

Publication date: 31 July 12:09 PM

Does China Oust Russia From Central Asia?

As the situation in Afghanistan is getting worse, this is raising a lot of concerns in the international expert community. The Islamic terrorist threat may spread from there to Russian and China, they say.

 

 
According to a Norwegian observer for Dagbladet, there exist 5 countries in Central Asia that can be seen as potential threats to Russia and China. The thing is, the Islamic terrorism may well spread from those countries to their neighbors. They say that Afghanistan is now the biggest potential threat since the amount of armed conflicts in the country are getting more and more frequent and tough. As Taliban (the local terrorist organization) is said to be sponsored and suppled with arm and ammo, the USA seems to be putting the blame for this on Russia.
Publication date: 29 July 11:53 AM

China Invests Heavily In Africa

You probably know that has been investing in a number of countries of strategical importance. There is a lot of African countries on the list. According to several observers, Chinese banks have given such countries over 77 billion euros since 2000.

 

 
Not so long ago, there was a documentary broadcast on the national TV. The documentary is about a railway line in Kenya built by China Road and Bridge Corporation. It praises Chinese engineers and tells the viewer that the Chinese government is ready to support African countries on their way to economic growth.
Publication date: 24 July 11:46 PM

Chinese Economy Is Way Stronger Than Trump Thinks

The Chinese economy has got much stronger. It can now even be compared to the American one, which is viewed to be the world’s strongest economy. Washington clearly underestimates Beijing when saying that the China has been flourishing in the international markets exclusively at the expense of unfair trade.

 

 
Publication date: 23 July 10:48 AM

British Start Getting Disappointed with Brexit, Soros Says

Last year’s Brexit referendum has become a major challenge for the British government, George Soros says. He says that more and more British citizens start getting disappointed with the Brexit.

 

 
The world-famous financier and CEO of Soros Fund Management assumes that now the economic reality starts revealing the real state of affairs and debunk their delusions related to the happy living outside of the European Union. More than 12 months ago, the advocates of the Brexit scenario were trying to persuade people that this choice won’t affect people’s standards of living. Well, since then, the government has been trying to implement this promise at the expense of increasing the internal debt.
Publication date: 14 July 02:40 AM

Two Reasons Why Russia Keeps Losing Influence Over Post-Soviet States

After the USSR ceased to exist, the Kremlin was counting on retaining their influence in the region. However, the truth is that Russia as the major successor to the USSR has been losing its influence over the remaining post-soviet states. There are 2 reasons for that.

 

 
According to the related report recently published by private American analytic company Stratfor, there is a range of new tendencies making it difficult for Russia to stay influential in the post-soviet region, especially when it comes to Ukraine. The two major reasons for that are believed to be the declining role of the Russian language in the region as well as the existing threats of mass protest inside Russia itself.
Publication date: 06 July 01:42 PM

Business with China: New Reality after Blocking Yandex and VK in Ukraine

Ukrainian President Petr Poroshenko has expanded the list of sanctions against individuals and legal entities from Russia. To be more specific, Ukraine imposed sanctions on several Russian online companies, including Yandex, which is Russia’s biggest IT company, as well as some other popular web services like VK, Odnoklassniki, and Mail.ru Group. According to the presidential decree, Ukrainian Internet providers are forbidden to grant access to those blacklisted websites.

Publication date: 06 July 01:13 AM

China Doesn’t Need Russian Gas and Pipelines

Don’t you remember how a couple of years ago Gazprom cut natural gas supplies to Ukraine a number of times. By the way, Ukraine alone used to buy 55 billion cubic meters of natural gas back then. Now Ukraine buys no natural gas form Russia at all. Apparently, Moscow keeps on looking for other outlets. There has been a lot of buzz about China as a new big outlet for Russian natural gas and crude oil. It turns out that two new pipelines should have transferred to China some 38 billion cubic meters of natural gas every year. Yet, this was the maximum amount, and it couldn’t clearly make up for the export of natural gas to Ukraine.

Publication date: 05 July 11:15 AM

Mass Media on Forthcoming Trump-Putin Meeting

For those of you who don’t know, the first official meeting between Donald trump and Vladimir Putin has been confirmed. It’s planned for July 7, during the G20 summit in Hamburg, Germany.

 

 
Some observers say that the White House did the Kremlin a favor by being the first one confirming the official meeting during the G20 summit. This announcement helped the sided to get of the rumors around the situation and helped Moscow to save face in the Russian media space.
Publication date: 05 July 06:24 AM

Putin and Trump Part Ways

According to The Daily Telegraph observer Con Coughlin, even if Donald Trump used to seek ways to improve the relations with Russia, today he is probably going to really abandon this idea. The thing is that not so long ago, the U.S. hit a Syrian fight jet, the one belonging to Bashar Asad’s troop. Since Putin and Asad are allies, this fact is definitely going to affect the process of improving the U.S.-Russia relations, and probably suspend this process for the near future.
 
Publication date: 29 June 11:50 PM