My Israel Home RSS Feed My Israel Home's Blog's rss feed. en-en images/rss.gif The Housing Lottery: Not All It’s Cracked Up to Be This past summer, my niece and nephew amp;ndash; along with a few thousand other families amp;ndash; entered a lottery to purchase an apartment amp;ldquo;on paperamp;rdquo; in a new project being developed through Israelamp;rsquo;s Mechir Leamp;rsquo;mishtaken program. When they won the right to purchase an apartment at a subsidized price, they asked me whether they should buy. amp;nbsp;Photo: Background The Mechir Leamp;rsquo;mishtaken buyeramp;rsquo;s lottery ... Wed, 27 Dec 2017 13:20:00 +0200 The State of Jerusalem Real Estate Over the past few months, numerous articles have been written analyzing recent Jerusalem real estate sales data. Curiously, there has been a lack of agreement regarding how to interpret the statistics. A recent report on real estate sales activity in the third quarter of 2017 (3Q17) produced many interesting findings.amp;nbsp; This study focused on sales of 3-bedroom apartments, as they represent most of the housing units in the country. Comparing the third quarter to the previous quarter... Thu, 30 Nov 2017 15:45:00 +0200 Pedestrian Scramble King George Street, located in the heart of downtown Jerusalem, was created in 1924 during the British Mandate period, and named in honor of Britainamp;rsquo;s then-reigning King George V. amp;nbsp;Opening Day of King George Street, Dec 1924 (Credit: Public Domain)amp;nbsp; Twenty-five years later, after the State of Israel was created, there was a movement to change its name to King David Street. Israelamp;rsquo;s president Yitzhak Ben-Tzvi successfully campaigned to retain the origi... Thu, 30 Nov 2017 10:23:00 +0200 Breaking Up Is Hard To Do We recently marketed an apartment in Jerusalemamp;rsquo;s Greek Colony. After three families made similar initial proposals, one buyer raised his bid and the owner accepted his revised offer. While the lawyers were revising the contract and the buyer was completing his due diligence, another potential purchaser showed up at the selleramp;rsquo;s door and submitted an offer that was 500,000 NIS higher than the accepted price. The owner, in an impressive show of menshlichkeit, refused to accept... Tue, 03 Oct 2017 14:30:00 +0200 Inspiration in a Garage On Tu Bamp;rsquo;Av amp;ndash; the holiday of love amp;ndash; amp;nbsp;I was in a small Talpiot, Jerusalem alley lined with automobile repair shops, when I was invited to join a Mincha (afternoon prayer) service. The prayers took place in a tiny office behind one of the garages, filled with a quorum of mechanics, replete with oil-stained hands and grime under their fingernails. Some men had flowing beards and black velvet yarmulkes, others were clean shaven and sporting yarmulkes of all diffe... Fri, 01 Sep 2017 00:16:00 +0300