Pursuits
Israel Immigration Seen Fueling Housing Boom Amid Shortage
This article is for subscribers only.
Israel is anticipating a surge in immigration from Europe this year after terrorist attacks in France and Denmark, a development that would complicate government efforts to slow the growth of property prices.
Prime Minister Benjamin Netanyahu urged European Jews to move to Israel following the Jan. 9 shootings at a kosher supermarket in Paris and an attack in a Copenhagen synagogue last month. Eldar Real Estate Marketing, a company that represents 70 residential projects across Israel, this year increased its overseas roadshows to as many as four a month to tap an increase in demand, led by France and Belgium.