BOI’s interest rate increase will cause problems for the housing market – experts

Following the rise of the Bank of Israel’s interest rate, experts predict trouble for the future of Israel’s real estate economy.

An Israeli flag flutters outside the Bank of Israel building in Jerusalem

An Israeli flag flutters outside the Bank of Israel building in Jerusalem

(photo credit: REUTERS)

ByZACHY HENNESSEY

AUGUST 23, 2022 14:38

Updated: AUGUST 23, 2022 15:54

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