This podcast interviews Eran Ross, the chairman of the Israeli Construction Center, about the state of the Israeli housing market. The discussion covers the significant drop in apartment prices in 2023, the impact of rising interest rates on mortgage affordability, and the current opportunities for buyers. Ross argues that the Israeli government's land policies have artificially inflated housing costs, and that the current market downturn presents a buying opportunity. He also discusses the broader socio-political context, including the impact of rising antisemitism globally and the potential for internal divisions within Israeli society.
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