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Is Israel’s hot real estate market heading for a Dubai-like fall?

Posted on 24 November 2010

From Realestatechannel.com: Israel is the fastest growing real estate market in the world right now, according to Vienna, Austria-based Global Property Guide. But some analysts speculate the astronomical property price rises in that small Mideast country could create another Dubai-like scenario where prices went south in a hurry.
Still, the New York Observer writes foreign investors, including many New Yorkers, are snapping up property in a country that is just a little larger than the entire state of Massachusetts……………………………………….Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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