Our local Jewish newspaper has an upbeat feature on rising house prices in Israel, even in these difficult times:...Over the past five years, housing prices in Caesarea, a privately owned village about 40 kilometers (25 miles) north of Tel Aviv, have risen 30 to 50 percent, said Chana Kristal, owner of Chana Kristal Real Estate Caesarea. The growth was spurred in part by Israel’s improved infrastructure; better roads and railroads have allowed for easier commutes from Caesarea to Tel Aviv, said Yaron Netiv, sales manager of the Caesarea Development Corporation, which manages this 6,000-resident community. Also, in May, Caesarea’s golf course reopened after being redesigned by the golf course designer Pete Dye...more...
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