Israel

Vacant Properties Increased by 24%

Tel Aviv, Jerusalem, Netanya and Haifa are the most prominent cities with the highest percentage of empty homes. The share of vacant properties in the whole country has increased by 24% from 2012. As of mid-2019, 170,300 units are not occupied of more than 9 months. This is 6.5% of Israel's housing stock, according to the National Statistical Institute of the country.

Greece-Israel, beyond the elections

The divided Israeli society has once again failed to reach a clear decision. The results of Tuesday's elections have cast the country back into a cycle of negotiations. Center-left Benny Gantz and conservative incumbent Benjamin Netanyahu are weighing their options, while former foreign minister Avigdor Lieberman is pursuing the role of potential kingmaker.

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