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HaaretzEconomy

Woman Buys Apartment Using Savings, Moves Back With Parents

Translated & summarized from Haaretz by baba

Center-leftNeutral tone

Hebrew · 2 newsrooms covering

Reut Bichler purchased an apartment in Modi'in through the "Price for the Resident" program for one million shekels. Increased mortgage payments and rent led her to move back with her parents. She plans to move into the apartment in the future when her children are grown.

The story in 4 lines · by baba

  • Reut Bichler bought an apartment in Modi'in for one million shekels.
  • She used savings from a "Price for the Resident" program.
  • Increased mortgage and rent costs forced her to move home.
  • Bichler plans to move into the apartment later in life.

Reut Bichler dreamed of owning an apartment in Modi'in through the "Price for the Resident" housing program. After her mortgage payments increased and rental expenses became burdensome, she moved back in with her parents. Bichler stated, "Right now the apartment is small for us, but I definitely see myself moving into it in the future, when the children leave home."

HaaretzLeft · Tel Aviv

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Mentioned

Full coverage · 2 outlets
First: Haaretz · 9h ago

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