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Compare full coverage across 2 outlets
By סמי פרץOngoing story · 3 updates
Economy03:14 · Sep 6

Former Minister Ayelet Shaked Signals Contractors Against Lowering Apartment Prices

TheMarker
Translated & summarized from TheMarker by baba
The story · English

Former Israeli Minister Ayelet Shaked has indicated to contractors that they should not lower apartment prices, suggesting that the market pressure to do so is not as strong as perceived. Shaked recounted a personal experience where she felt compelled to buy an apartment due to market pressures, but now acknowledges the contractors' position. She noted that contractors who previously held firm on deals over minor amounts like 5,000 shekels might now be willing to sell for up to 100,000 shekels less.

Shaked also expressed concern about the rapid development in Tel Aviv, fearing that new construction might alter the city's character. The article also touches upon unrelated topics including autism awareness in 2025, investment opportunities in Poland, the S&P 500 index for Israeli investors, exchange-traded funds on bank indices, historical dollar-shekel exchange rates, a luxury apartment sale near the Western Wall, and a lawsuit filed by apartment buyers in Netanya against a developer for alleged misrepresentation. Additionally, it mentions a report on Israeli app usage and a critique of a specific airline's services.

Read the original at TheMarker
Full coverage · 2 outlets
First: TheMarker · Sep 6

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