Category Archives: Israel

Israel’s Housing Boom

Israel has handled our recession much better than the United States and almost all Western countries. In late 2009, I heard George Gilder describe Benjamin Netanyahu as the leader of the Western World. While Ariel Sharon concentrated on fighting terrorism … Continue reading

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The Haredi Housing Crisis

Ultra-Orthodox Jews, the Haredim, try to live lives as separate from the world as possible so they can follow their religious commandments. But the real world keeps impinging on them. Report: Few people know about the pyramids of haredi (ultra-orthodox) … Continue reading

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Israeli Bank Trying To Sell Its Mortgage Portfolio

Haaretz reports on a troubled Israeli bank — Hapoalim. It appears to be up for sale. It wants to sell its mortgages and is willing to take a $1 billion loss. Ouch. The Jews may have invented banking but they … Continue reading

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