Israel's Housing Bubble

Israel's Housing Bubble

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Israeli housing bubble is an observation that Israeli real estate prices in the late 2000s and 2010 appear to be inflated, and that this may constitute a real estate bubble. In response to the global economic recession in 2008, Israel's central bank governor, Stanley Fischer, lowered interest rates to an all-time low of 0.5%. That resulted in prices rising very fast in 2009, after rising steadily in the last decade.show more

Product details

  • Paperback | 152 pages
  • 152 x 229 x 9mm | 231g
  • Culp Press
  • United States
  • English
  • black & white illustrations
  • 6135956094
  • 9786135956092