| From Haaretz.com: The real estate market in the Tel Aviv area has changed dramatically in recent years, with investment groups almost completely overrunning it, according to a study conducted by the State Revenues Administration at the Finance Ministry.
According to the study, between 2005 and 2007 there was a 168% increase in the value of land purchased by private investors, most of whom were organized in a purchasing group, while the value of land purchased by contractors remained more-or-less stable.....................Full Article: Source
|