Real-estate prices in Israel are sky-high, and one of the reasons is that we are a small and crowded country where land for building purposes is at a premium. This shortage is especially true in established cities in the country’s Center, such as Tel Aviv and surrounding satellite towns like Givatayim and Ramat Gan.

In these places, land for building purposes has practically run out. And since demand in these places is high, it constantly outstrips supply.

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