Over the past six years, Israel’s real estate market has faced almost every conceivable challenge – the COVID-19 pandemic, rising interest rates, war, labour shortages and increasing construction costs. Yet perhaps the market’s greatest challenge today lies elsewhere: uncertainty.

In an opinion piece published in Calcalist, our Partner, Adv. Eli Eshel, explains why prolonged uncertainty affects buyers, developers, investors and financial institutions in a market built on long-term decisions and investments. He also explores why the upcoming elections, even if they do not resolve the housing crisis, could help restore an essential element of market activity: the ability to plan ahead.

“The most important question for the real estate market is not who will form the next government, but whether decisions will be made that create certainty, stability and confidence.”

Read the full opinion piece in Calcalist (in Hebrew)