New Haifa neighborhood meant for young couples draws investors instead
Builders bought the land from the state at a discount, but apartment prices are still beyond the reach of the first-time home buyers who were supposed to benefit.
This year was shaping up to be a good one for prospective first-time home buyers in Haifa. In late January, the Israel Lands Administration awarded tenders for the purchase of land on the city’s southern outskirts for the construction of 1,200 apartments. The hope was that, for the first time in several years, hundreds of new homes would be available in the city at prices below NIS 1...
Like us on Facebook and get articles directly in your news feed