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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: Haim R. Branisteanu who wrote (65727)	8/25/2010 11:44:56 AM
From: elmatador	Read Replies (1) of 218145

modest apartment in Tel Aviv cost $100,000 in dollar terms back in 2005. Back then, a single-family home in a good neighborhood in Florida cost around $400,000. ~ Since then the dollar has weakened against the shekel and U.S. property prices have spiraled down. The dollar price of the Tel Aviv apartment more than doubled, to $210,000, while the price of the Florida house shrank by 50%, to $200,000. And that means that for the money you could get for that tiny studio apartment in an undesirable south Tel Aviv neighborhood, you could buy a pretty house in a Florida suburb, lawn and plastic flamingos included. haaretz.com

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