Tax breaks for new immigrants aim to help first-time homebuyers * Study shows free real estate listings can prove costly * ToI’s monthly sales and rentals snapshot

[Times of Israel]( [Real Estate Israel]( Friday, August 30, 2024 Presented by [Help Farmers Rebuild]( [Israel improves tax breaks for new immigrants to help first-time homebuyers]( By Sharon Wrobel Tax changes seek to lower the costs for new immigrants on first-home purchases worth up to NIS 6 million, while cooling demand for investors to bring down housing prices [Over 29,000 immigrants have moved to Israel since October 7, WZO says]( By ToI Staff [Homeowners opt for free real estate listings even when they lose money, says new study]( By Jennifer Korn In a new look at the ‘zero price effect,’ researchers from Tel Aviv University find that consumers gravitate towards an unpaid option, though it may be costlier in the long term from our sponsor [Help farmers on the Gaza border rebuild]( They took a sandy plot of land unfit for growing vegetables and transformed it into a beautiful farm, and they’re ready to do it all over again. They need your help. Reporter's notebook [New zip line over East Jerusalem offers end-of-summer adrenaline rush]( By Sue Surkes The country’s longest such attraction is the latest in a string of projects created by the right-wing City of David Foundation — all over the Green Line [Facing backlash, gov’t okays NIS 3.4 billion in new spending for evacuees, reservists]( By ToI Staff and Sharon Wrobel Smotrich insists proposed budget expansion won’t push deficit past the 6.6% of GDP target set for the year, after it widened last month to 8.1% due to war-related outlays [Tech employees pay over a third of all income tax in Israel, study shows]( By Sharon Wrobel Report emphasizes the urgency of investment in startups and education for underrepresented populations to secure one of the main sources of tax revenue Real Estate Israel [Housing snapshot: Home sales and rentals across Israel in July 2024]( By Shoshanna Solomon The Times of Israel’s regular feature on what is happening in the local property market right now [Innovation Authority invests NIS 35m to lure tech jobs to Negev and Galilee]( By Sharon Wrobel Addressing challenges posed by the months-long war, funds are allocated to help tech firms open new branches and hire local talent in the north and south [Despite industry resilience, Israeli tech firms have a host of woes as Gaza war drags on]( By Shoshanna Solomon Reserve duty, sky-high travel costs and forced relocation are weighing on smaller companies as they cut, scramble and reorient while trying to prove their worth to investors [Real Estate Israel]( [facebook]( [twitter]( [instagram]( [View in browser]( [Contact support](mailto:support@timesofisrael.com) [Advertise with us](mailto:advertise@timesofisrael.com) Were you forwarded this email? [Subscribe here]( [Unsubscribe]( from this List © 2024 The Times Of Israel, All Rights Reserved