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Reduced Price Apartments: the Buyer’s Lottery Program

What is Israel's government discounted housing program? Buying an apartment today in Israel can be a challenge, especially for young couples who are just starting out in life. One of the opportunities for these couples is to apply for one of the national reduced housing program lotteries.  A "Discount apartment" is intended mainly for the homeless, but is also for people improving their...

Is Purchasing on Paper Better?

Buying properties "on paper", as is the popular slang, carries with it certain advantages and disadvantages. These new properties are usually less expensive than second hand homes. In the USA, new home projects might be 20-25% cheaper than second hand homes. I see in Israel that the percentage in savings is less; more like a 10-18% saving in general. Keep in mind that the...

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