29.05.2011                      25.Ijar, 5771                      Tag 40 des Omer

Hauskauf:

Study: Homes too expensive for 70% of Israelis

Last October, Bank of Israel Governor Stanley Fischer tightened mortgage lending terms for loans larger than 60% of the asset's value.

Only the richest 30% of Israelis can afford to buy a home and take out a reasonable mortgage to do so, according to a Technion study.
Dr. Danny Ben-Shahar and Yakov Varshavsky, of the university's architecture and town planning faculty, will present their research tomorrow at a Tel Aviv University conference….