The Effect on the Real Estate Market of a Divided Jerusalem
When taking into account the causes that influence the real estate market, one usually considers factors such as current trends in real estate purchases, the economy, stock market, mortgage rates, employment resources, the area’s crime rate, transportation services, and a slew of other causes - including the threat of war. National suicide has yet to be considered. I have been asked by a number of citizens, what will happen to real estate prices if the government divides the city?
Source: Arutz Sheva, IsraelNationalNews.com
Amazing what other parts of the world contend with! It makes our problems with defunct sub-prime loans and high foreclosure rates minuscule up against war and a divided country.