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August 24, 2004       Share:    

Source: http://www.washingtonpost.com/wp-dyn/articles/A20214-2004Aug20.html

Lured to Jerusalem By Religion, Luxury

(Washington Post) Molly Moore - Encouraged by religion, wealth and a slowdown of violence inside Israel, Jews from abroad are snapping up luxury Israeli real estate, driving prices to levels rivaling those of the 1990s, during periods of relative peace. Whether it's garden apartments near the ancient walls of Jerusalem's Old City or high-rises looming above Tel Aviv's Mediterranean shore, affluent Jews in the United States, Europe and South America are latching on to posh properties here.

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