This podcast episode interviews Adiel Shomron, CEO of a rental company and former Director of the Israel Land Authority, about the Israeli real estate market in 2023. The discussion covers factors influencing housing prices (interest rates, government policies, local authority decisions), the role of the Israel Land Authority (including land ownership and development), and the effectiveness of government housing initiatives like "Price for the Resident." Shomron predicts a potential for surprising price drops in 2023, contingent on government actions. He also advises against investing in agricultural land unless one is already a seasoned property investor.
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