Are you considering buying a home in Israel or the US? If so, it’s important to understand the differences between the mortgage process in these two countries. From down payment requirements to mortgage types and loan term lengths, there are many factors that can impact your home buying experience. In this post, we’ll explore [...]
A client of mine approached me with a dilemma – to sell or not to sell an investment apartment he bought. It was an apartment in Jaffa he bought about 6 years ago for 740,000 NIS, and it’s worth about 1.05M today. On one hand, he earned a great 40% profit on his capital. [...]
Many friends and acquaintances have asked me lately whether they should buy an apartment in Israel. The simple answer is NO. But let's talk about it! (at length…) As a rule, cold hearted economists (like myself) differentiate between two very similar concepts, which are often confused: housing and property ownership. Housing - the right to live [...]
