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REAL ESTATE ISRAEL
Monthly Update,
August 2024
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Israel improves tax breaks for new immigrants to help first-time homebuyers
By
Sharon Wrobel
Tax changes seek to lower the costs for new immigrants on first-home purchases worth up to NIS 6 million, while cooling demand for investors to bring down housing prices
Over 29,000 immigrants have moved to Israel since October 7, WZO says
By
ToI Staff
Homeowners opt for free real estate listings even when they lose money, says new study
By
Jennifer Korn
In a new look at the ‘zero price effect,’ researchers from Tel Aviv University find that consumers gravitate towards an unpaid option, though it may be costlier in the long term
Donation Request
Help farmers on the Gaza border rebuild
They took a sandy plot of land unfit for growing vegetables and transformed it into a beautiful farm, and they’re ready to do it all over again. They need your help.
Reporter's notebook
New zip line over East Jerusalem offers end-of-summer adrenaline rush
By
Sue Surkes
The country’s longest such attraction is the latest in a string of projects created by the right-wing City of David Foundation — all over the Green Line
Facing backlash, gov’t okays NIS 3.4 billion in new spending for evacuees, reservists
By
ToI Staff
and
Sharon Wrobel
Smotrich insists proposed budget expansion won’t push deficit past the 6.6% of GDP target set for the year, after it widened last month to 8.1% due to war-related outlays
Tech employees pay over a third of all income tax in Israel, study shows
By
Sharon Wrobel
Report emphasizes the urgency of investment in startups and education for underrepresented populations to secure one of the main sources of tax revenue
Real Estate Israel
Housing snapshot: Home sales and rentals across Israel in July 2024
By
Shoshanna Solomon
The Times of Israel’s regular feature on what is happening in the local property market right now
Innovation Authority invests NIS 35m to lure tech jobs to Negev and Galilee
By
Sharon Wrobel
Addressing challenges posed by the months-long war, funds are allocated to help tech firms open new branches and hire local talent in the north and south
Despite industry resilience, Israeli tech firms have a host of woes as Gaza war drags on
By
Shoshanna Solomon
Reserve duty, sky-high travel costs and forced relocation are weighing on smaller companies as they cut, scramble and reorient while trying to prove their worth to investors
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