At the real estate conference in Eilat, Rami Levy, founder of Rami Levy Real Estate, expressed interest in the Tel Aviv real estate market despite the current slowdown. He believes Tel Aviv has pent-up demand ready to surge, particularly with foreign investors' interest. Levy emphasized that his company, diversified across various real estate sectors, is well-positioned to navigate fluctuating market conditions. He also mentioned that the drop in the dollar presents challenges for foreign investors. Tsahi Hagag, from the Hagag Group, added that Tel Aviv would be the first to respond positively when the market rebounds. Despite the challenges, Levy is optimistic about the potential impact of entering the Tel Aviv market, hoping to boost competition and lower prices. Additionally, Hagag noted that their company is not currently focusing on purchase groups, preferring an entrepreneurial approach.
