With 39 Percent Fewer Homes Sold in December, the Uncertainty Brought on by PM Netanyahu's Judicial and Religious Revolution Is Convincing Many Buyers to Pause or Look Abroad
Israel s wealthiest are moving out of the city
From beach homes near Nahariya, to country estates in farming villages and homes in pastoral Ein Kerem, Covid-19 has pushed up demand for Israeli houses. Leaving the city for a house, as a second home, not the main residence, was something that very much developed over many years and was slowing down, because it involves a lot, such as maintenance and employing workers, says real estate agent Noam Dzialdow of the Neot Shiran agency for luxury homes. People would say why do I need this headache? Coronavirus reshuffled the deck within a month. People began buying even when movement was restricted.
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