Israelis these days seem conflicted. On one hand, people are constantly grumbling about the unprecedented increase in fuel and food prices, and many say they’re considering leaving the country. On the other hand, people are investing their entire future in this country: In August, the number of new mortgages jumped 20% versus July, to total NIS 6 billion. This came on top of the sharp increases witnessed in June...
Mortgaging their future
The latest surge in housing purchases raises an old question: Are the people taking out these mortgages assuming obligations they won’t be able to meet?
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this story is by
Hagai Amit


