Thursday, March 11, 2021
I have been thinking
The stock exchange is at all-time height and many Israelis and foreign Jews are having extra money to invest. Given the political unrest in America, the number of apartments bought in 2020 by American Jews is growing. Many prefer their children to study in Israel, integrated with Jews and it is also cheaper. Given the insoluble scarcity of land in Israel, as well as of good construction workers, prices will keep rising. Rent from second apartments is in practice tax free, as the tax is unenforceable and it is not being collected. I'll proceed with my project of a second property - not for me, but for my poor hardworking daughters.
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