In the midst of the New Year’s marathon, fate brought me to the same table with a married couple from Jerusalem, who arrived in warm Kiev in Israel to see for themselves the city where the parents of the spouses were born.
Netta and Arnie complained that supposedly in Jerusalem real estate is too expensive, and they cannot afford to move to a new building. First of all, Israel is a relatively small country, and housing supply is limited. Secondly, among wealthy Jews in the USA, France and Great Britain, it has become fashionable to have an apartment in Israel, preferably in Jerusalem, in its prestigious areas. Overseas owners buy a second home in Israel, dreaming of moving to the promised land in old age. And in anticipation of this hour they rent it out. Continue reading
It would seem that not everyone can afford a house in an organized cottage village with developed infrastructure and a full range of civilization benefits, like a decent apartment in Moscow. Nevertheless, demand in all segments of the construction market with a steady increase in the welfare of Russians continues to increase, and developers sometimes do not keep up with customer requests.
The trouble with today’s suburban real estate market is that the cottages for sale rarely coincide with the ideal that has developed in dreams. “There are offers on our market,” says Elena Solovyova, vice president of the Nizhny Novgorod Realtors Guild, “but no one needs what is offered. Continue reading