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Make a note: the end of the housing market will come in the next 5 years - voila! Real estate

2023-04-24T15:12:13.084Z


The country celebrates 75 years, but instead of waving a blue and white flag - we wave a black flag. It's time for us to understand that everything is going to change. The developer Asher Ben Oz writes in a pointed column about the state of the housing market


The country celebrates 75. Congratulations to the country (photo: Walla! system, Walla system)

The country celebrates 75. Congratulations to the country.

However, instead of flying a blue and white flag we fly a black flag.

A dark period for the country, decision-makers without a backbone, interest rates are crazy, real estate companies are selling cheap what they bought at a high price, and it is possible to continue. Take note



: the end of the apartment market will come in the next 5 years.

We went from a buyer's market to a seller's market in the blink of an eye. Whoever thought of buying an apartment should wait. It's not economical - the interest rates are high, and in most cases many of the entrepreneurs who got into financial trouble will not finish projects. It's time



we understand that what was is not what will be. Everything is getting expensive - especially the money. Small companies will not get more credit. Big companies who have leveraged themselves to know whether they will survive.



And how is everything related to politics and internal wars?

So that's it - the leaders don't show leadership.

David Levy at the time gave up the chair several times and resigned for the people.

Netanyahu, on the other hand, thinks his chair came from home.

Yair Lapid pulls towards Gantz and the extremists celebrate everyone.

Illustration.

A gray future for the housing market (Photo: Reuven Castro)

It's not a secret, the world already recognizes it and raises our credit rating.

And then everything that we buy from abroad is more expensive for us, not to mention the raw materials that jump up the construction input index.



The world sees us as a fratricidal war, and from his perspective we are a third world led by extremist leadership. All of this affects the economy, credit and real estate.



Real estate in Israel is in a huge problem - and note that it has reached Tel Aviv as well. Who believed that even Tel Aviv, which is strong in demand, would hurt real estate?!

nobody.

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The country is celebrating 75. Happy birthday to the country? (Photo: Reuven Castro)

The big companies don't sell apartments because people don't have money, and those who have are waiting to find bargains.

Here, in my opinion, there is a huge opportunity for the small investor who will buy agricultural land today in the right places and triple his money when the situation returns to normal, because that too will happen in the end, in many years.



And as for politics, I'm sorry to disappoint you.

The "right" leader, who can save the situation, has probably not been born yet or is still in the maternity hospital and secretly hopes in his infantile heart that none of the existing leaders have implanted genes in him, because change is not visible on the horizon.

  • Real estate

  • Real estate magazine

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  • real estate

Source: walla

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