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Tel Aviv apartments are going up for some time. That is not news. They usually go that way. They my soar or they may crawl but they almost never lose their value. News is that is happening despite current government policy to break the tendency. The problem is called Israel Real Estate Bubbles. Aparmets in Tel Aviv are part of this. Governor of Bank of Israel Stanley Fisher keeps warning – prices are too high, we are will face troubles soon, but many experts believe there are no reasons for panic. To prevent possible problems, new taxes were introduced, old ones were raised, but apartments in Tel Aviv, in Jerusalem and some other in demand places continue to grow.

There are a few speculations why. Some say it is because Tel Aviv apartments can be a good investment in the such city: business or leisure you can find here a satisfaction to almost any wish (though we found abundance of bacon and seafood a bit overwhelming). And while we are on subject of food, do not forget that Israel is second to India in availability of vegetarian food thanks to local tradition to separate meat and milk.

One of most prominent reasons is the historical core of Tel Aviv – The White City rare district in Bauhaus style. A bit of history: Tel Aviv’s blooming corresponded with birth and vogue of Bauhaus. Different cities in Europe had also enjoyed it during this period, but most of them didn’t not survive the WWII. The White City almost the only one left, besides that Tel Aviv apartments in those buildings got that Mediterranean flair defined by hot and dry climate so it rightly can be mentioned as unique and is considered as world heritage by UNESCO.

More than this, a streetcar is being deployed in the town. The works are in their beginning so some places are noisy and messy, but it is a temporary setback, townspeople are looking forward to its launch, expecting less polluted air and nice surroundings as it can be seen in Jerusalem. So in the nearest future such ads as: “Tel Aviv apartment near streetcar line” may appear.

All in all aparmets in Tel Aviv are going up, and the local and international developers are eagerly investing in local properties despite government attempt to slow down the euphoria. After all who will count bubbles in effervesce air.