Real Estate in Israel

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Economy is enjoying rapid growth, and unemployment is at its lowest in decades. But Israel's economic strength has come at a cost. The high cost of real-estate has spawned a series of tent-cities all over the country. 22nd August 2011

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in Business, on the 22nd of August 2011

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A construction site in downtown Tel Aviv.

ID: 800189

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New luxury business building stands in stark contrast to an old reconstructed edifice in downtown Tel Aviv.

ID: 800190

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A construction site in downtown Tel Aviv.

ID: 800191

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Reflection of old buildings in an architectural plan in Dizengoff street downtown Tel Aviv.

ID: 800188

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Scenic view of MODIIN ILIT a religious Jewish settlement near Ramalah West Bank.

ID: 800167

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A Palestinian builder at a construction site in Maale Edumim Jewish settlement near Jerusalem.

ID: 800168

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A construction site in downtown Tel Aviv.

ID: 800169

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Construction housing site in MODIIN ILIT a religious Jewish settlement near Ramalah West Bank.

ID: 800166

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New luxury business building stands in stark contrast to an old reconstructed edifice in downtown Tel Aviv.

ID: 800158

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A worker abseiling painting exterior wall of an old building in Tel Aviv.

ID: 800159

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Group of Israeli Arab Builders at a construction site in Mitzpeh Ramon Negev desert Southern Israel.

ID: 800160

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Description:

Economy is enjoying rapid growth, and unemployment is at its lowest in decades. But the Israel's economic strength has come at a cost.The high cost of real-estate has spawned a series of tent-cities all over the country. The ranks of the working poor have grown dramatically as wealth has increasingly become concentrated among a small group of tycoons.