Israel
Bank of Israel Clamps Down on Mortgage Terms to Avoid Real Estate Bubble
Like numerous other countries fearing a residential real estate bubble through easy mortgage terms, the Bank of Israel is capping the loan-to-value term of mortgages at 33 percent to 40 percent. The bank is also increasing lenders' provision for mortgages.
Living the Israeli Dream without busting the budgetArik Mirovsky The Marker 09.04.2012 | Israel in Violation of Property Rights Salem-News 17.06.2011 |
Israeli settlers get Jerusalem property bargainsDiaa Hadid Associated Press 09.11.2010 | Israeli Real Estate Prices And Demand Still Growing Property Wire 22.10.2010 |
Serious supply shortfalls that kept Israel's real estate prices afloat while the global market sank, now are threatening to form a bubble, and it could be 2012 before the supply issue is resolved. Real estate prices, along with demand, are still growing despite a hike in interest rates and efforts to boost available development land. See the following article from Property Wire for more on this. | |
Israel unlikely champ in global real estateAMY TEIBEL AP 17.10.2010 | Real estate market in Israel points out high demand cities SHIKUN & BINUI REAL ESTATE 12.10.2010 |
No Housing Market Meltdown for IsraelNeal Sandler BusinessWeek 24.06.2009 | Survey: Israeli housing prices bucked global downtrend in Q1Hadar Tadmor and Arik Mirovsky Haarez 03.06.2009 |
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