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Why Jerusalem Towers Are Empty While Blocks Thrive
Jerusalem is building forty-story towers that stay half-empty while traditional six-story blocks sell out. In this episode, we unpack the surprising economics: why towers cost more per unit, sell slower, and create ghost towers for foreign investors. We explore Israel's unique national planning system, where the central government can override local objections, and lay out a developer playbook for proving that perimeter blocks deliver better returns, higher density, and real street life. From construction costs and vacancy data to the "stone paradox" of cosmetic traditionalism, this is a…
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