Prime Minister Binyamin Netanyahu was in the Galilee (Galil) yesterday to lay out his vision and future funding for developing the north of Israel, in the Galil. The Prime Minister wants to see the north develop like the south, where there has been a huge building rush of houses and businesses. Along with all of that great development, there has been a corresponding increase in the price of homes.
At present, one can still buy apartments or homes in Israel, in the north, for very reasonable prices. And, even though government ministries and the Bank of Israel predict a slowing down of the real estate market in Israel, an infusion of residential and commercial development in the north will automatically increase property values and heat of the home sales market. Now is a good time to buy real estate in Israel, in the north, especially in places such as Tzfat, Tiberias, Migdal, Yavne’el and the moshavim surrounding the Kineret.
Prime Minister Netanyahu promised government investment in building a future in the Galilee, meaning jobs, training, and housing, with a focus on strengthening entrepreneurship. He also spoke about the relocation of industries to the north, which will bring immediate employment opportunities. Netanyahu said that the government also intends to build civil infrastructure, increase and enhance medical facilities in the Galil and engage in a campaign to bring new residents to the cities of the Galilee. All in all, it sounds very good.