How Israelis learned to stop worrying and love mortgages
With hyperinflation the stuff of history and interest rates low, more and more Israelis are heading to banks to help finance their dream home.
The Bank of Israel's moves to crack down on mortgage borrowing underline a fundamental change - Israelis are embracing mortgages and not viewing them with disgust. The sum of mortgages taken out in the past few months - a figure several times larger than that a decade ago - is proof.
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