Why are they fighting investors?
Raising the purchase tax on a second apartment is meant to deter investors and halt the rise in prices. Real estate appraiser Ohad Danos wonders if that’s really the solution.
Special Real Estate Magazine
Soil contamination thwarts building plans
For years, military industry plants polluted the soils and water sources at the heart of the most in-demand areas in the country. Now, nothing can be built there, and the nearby neighborhoods are at risk, too.
A disaster waiting to happen?
Climate change threatens the world, but Israel continues to drag its feet and trip over red tape. What will happen to the coastal cities, where can renewable energies be generated, and when will advanced green building be implemented?
Government to advance work safety legislation
Deputy Economy Minister Yair Golan announced a revolutionary plan in the field of work safety, including the formation of a new national authority for occupational health.
Aura shares surge amid significant growth projections
Aura Israel, one of the leading companies in the housing field in Israel, reports a 146% surge in its stock since the beginning of the year.
Looming tax hike prompts rush for real estate
Buyers and investors flock to sales offices before the purchase tax on second apartments climbs from 5% to 8%.
Municipal tax income from Dead Sea Works to be redistributed
Major industry's tax revenue to be divided between 10 southern localities rather than transferred exclusively to the Tamar Regional Council. "This is a historic day for the residents of the Negev," Dimona mayor says.
Tel Aviv's next iconic building stands to be 'environmental sculpture'
Architects Ron Arad and Avner Yashar will design a huge, 300-meter-high, 77-floor tower * The tower is expected to serve about 20,000 office workers * And what about parking? “We’ll encourage the use of public transport.”
Will government's housing program stem rising prices?
Can the new housing program presented by the finance, interior, and housing ministers effect change?
'The goal is not to lower housing prices, but to stop them from rising'
What does the government’s housing program include, and will it succeed in stemming the rise in prices?