Because of the war with Iran: the surge in rent prices in the center of the country
Thousands of families whose homes were destroyed during Operation Kalavi were forced to evacuate hotels last week and find alternative apartments. The entry of a large number of apartment seekers into the market at once increased demand in places where the number of apartments had shrunk - and apartment owners are taking advantage of the situation to raise prices. We looked at how much rents have risen.
Almost two months have passed since missiles launched from Iran hit Israeli cities, and those who homes were destroyed are still licking their walls and looking for solutions. Thousands of families were forced to evacuate their homes and live in hotels - and last week they were required to evacuate the hotels and find an alternative solution by order of the Tax Authority.
The entry of a large number of housing seekers into the market at once caused an increase in rental prices in areas where the supply of apartments was sometimes low anyway - certainly after a massive number of apartments were removed from the market because the buildings were destroyed.
The timing of the eviction didn't really help either: the summer months, a period when the pressure on the rental market is already great and prices are high. The result is an increase in demand for apartments while the supply is reduced - and so those who managed to find apartments are now forced to pay much more.
"I got the boom, but when there's no choice, there's no choice," says Eti Ivgi, an evacuee from Bat Yam who until recently shared a hotel room with her partner and mother. "I go according to what's necessary, the main thing is that I have a corner, God willing. It's 2,000 shekels more, there's no MMD, there's a shelter. But we'll be on the ground floor. I hope that with God's help we won't need it and that we'll manage."