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The rules of the JNF forbade it from selling the land it acquired, but to lease it. Land owned by the JNF was leased to kibbutzim and other Jewish settlements on long-term leases. At the end of 1935, JNF held 89,500 acres (362 km²) of land housing 108 Jewish communities.
In the late 2000s and 2010, the real-estate prices in Israel appeared to be inflated compared to the long-term average, other developed economies, rents and average income. This real estate bubble was blamed on the country-wide housing shortage. [4] [5] However, many economists and investors do not see it as a bubble. [6]
Kiryat Wolfson. Kiryat Wolfson (Hebrew: קריית וולפסון), also known as Wolfson Towers, is a high-rise apartment complex in western Jerusalem.Comprising five towers ranging from 14 to 17 stories above-ground, [1] the project was Jerusalem's first high-rise development. [2]
The dispute was heard by the Jerusalem District Court, which ruled in 2008 that the property belonged to the Sephardi Community Committee. The committee transferred the property to a settler organization called "Shimon's Estate". The court also ruled that the Arab families would have protected tenant status as long as they paid rent.
The Jerusalem Post states that the defendant was convicted under a law prohibiting sale of Palestinian land to "the enemy" (possibly a reference to the old Jordanian law), as well as a Palestinian "military law" which, according to the Jerusalem Post, "states that it is forbidden to sell land to Jews", and two earlier laws dating from the 1950s ...
Elad's purchase of New York City's Plaza Hotel caused great controversy in 2004. [clarification needed] But as the hotel was readied for opening on March 1, 2008, The New York Times observed, Tshuva and Peter Ward, president of the New York's hotel workers' union, had reconciled their differences: "It was a big change from early 2005, when Mr. Ward vowed to block Mr. Tshuva's plans to convert ...
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Most Israelis live in apartments. According to the Israeli Central Bureau of Statistics, 33% live in three-room apartments, 28% in four-room apartments, and 13% in five-room apartments. CBS statistics also showed that 5% live in one-room apartments, while only 0.6% of Israelis live in a property with eight rooms or more. [28]
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