The conversation between human and AI assistant.
What are the reasons for the real estate bubble in Israel?
Yes please.
The first factor is the scarcity of land. Israel has a limited amount of land available for development, which drives up the prices of available real estate. Additionally, foreign investors have played a role in driving up prices by investing heavily in Israeli real estate. Finally, low interest rates have made it easier for people to take out loans, further driving demand for property.