In an economic system that promotes “free market” Key banks in Israel have critical interest and control over exorbitant prices of houses!

The Economic Scene

High standard of living in developed countries is 5 times higher than in Israel
Chinese investments in the Israeli economy total US$ 70 billion
US$ 4.6 billion worth food supplies trashed in Israel every year


The Israeli economy grows by 2.3%. Deficit is 2.1% and inflation is “negative” for the second year in a row

Over 21% of tax incomes is generated by new cars and fuel