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NEWS
Cities of the Future: Beit Shemesh, Yavneh and Hadera
by Yated Ne'eman Staff
The new real estate map of Israel is changing. The real estate market
is responding to price increases by heading out to peripheral areas,
some of which have never been at the top of real estate activity in
the country.
According to a study by The Marker, Ashkelon, Beit Shemesh,
Hadera, Rechovot and Yavneh lead Israel's real estate activity. The
study was based on a questionnaire among the heads of major real-
estate companies in Israel, reviewing construction permits and
analyzing housing markets in the various cities.
Beit Shemesh had the highest growth rate of any city in Israel. During
the past 20 years the city has grown 500 percent and now has 100,000
residents. In another ten years the city plans to more than double
itself again based on new construction, reaching the 200,000 mark.
Currently some 30,000 new residential units are in various stages of
planning and marketing in Ramat Beit Shemesh Gimmel, Dalet and Heh, as
well as private land, all of which will accommodate 200,000 new
residents in the city — not including the natural growth rate in
neighborhoods that already exist.
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