Inflation in the US has reached 8% while the interest rate is 3-4% so the government is subsidizing and stimulating investment and economic activity. People are buying real estate with credit, which raises the prices. Since the sheqel is linked to the dollar, we are in the same situation. I think I have maximum prudent debts, yet I need to be alert to opportunities. Ashkenazi Jews live easily to 90 so I have a little more time to play the game. The pic is of my ancestral hometown. My grandfather owned much of the real estate there. It did no good to him. When the Nazi army occupied Hungary, this small provincial town had to erect a closed space - a ghetto - and move all Jews there. One day they had to march through the main street to the train station and travel to the regional ghetto and then, in plumbed cattle wagons, to Auschwitz in Poland. This complicated operation was organized by Adolf Eichman and his small staff. All the operations worked smoothly and in two months 600,000 Hungarian Jews were deported and annihilated. This happened when the Germans already had lost the war. It is painful just to imagine it.
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