Market drop devalues Israeli property by NIS 75b.

By JPOST.COM STAFF
July 30, 2007 07:04

 
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The value of property held by Israeli citizens decreased by NIS 75 billion over the last two days, Israel Radio reported Monday morning. The decrease in value was caused by the drop in the Israeli stock market. The total worth of properties in Israel is estimated at NIS 2 trillion.

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