For Israelis, the White Picket Fence Hides Big Risks

Young Israelis are increasingly snatching up residential property in the U.S. for investment, but experts urge caution.

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The deal the saleswoman on the phone was offering seemed too good to be true: a 1,500-square-foot house in Phoenix, Arizona. The house, Suli told me, had four bedrooms and two bathrooms on one floor and sat on...