Foreign buyers are reluctant to purchase during times of political instability.
(photo credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)
At the time of this writing, the IDF’s Operation Protective Edge has been going on in Gaza for nearly a month. The scale of the operation made it a mini-war that will cost the economy over NIS 20 billion – some 2 percent of the annual GDP.This affects all aspects of the economy – some more than others, some at different times.
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