Real estate isn’t just a matter of opinion—it’s a matter of industrial cycles! 🏗️📈
The real estate market doesn’t react in real-time; it operates with a structural lag. Today, the data is alarming: a 34.9% drop in the number of building permits.
When you consider that in Tel Aviv, obtaining a building permit takes between 2 to 3 years, the ripple effect becomes clear:
1️⃣ No Permits ➡️ No Groundbreaking: The pipeline starts to dry up at the source.
2️⃣ Depleting Inventory: Current stock is not infinite, despite the slowdown observed in recent years.
3️⃣ The Bottleneck: In 2 to 3 years, once current inventory is sold, the market will find itself running on “empty.”
4️⃣ The Scissor Effect: Supply will be insufficient to meet demand ➡️ Prices rise.
Those waiting for prices to drop today risk hitting a wall of scarcity tomorrow, making homeownership even more difficult. Often, the best time to buy is exactly when the construction pipeline stalls—because that is when tomorrow’s shortage is being created.
Interested in acquiring property in Tel Aviv? Contact us for more information.
Elisabeth Dray EC NADLAN – contact@ecnadlan.com www.ecnadlan.com
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