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Housing In Israel
Housing in Israel refers to the history of housing in Israel. History After the establishment of the State of Israel, hundreds of thousands of Jews from all over the world began immigrating to the new state. Many were housed in temporary camps known as ma'abarot, where they lived in huts, tents, and packing crates until permanent housing could be built. In September 1948, the Ministry of Labor established a National Housing Department to supervise development on a nationwide scale. The Amidar housing company was founded that year and plans were drawn up for the construction of 16,000 housing units in and around the country's urban centers. The Absorption Department of the Jewish Agency imported 6,000 cabins from Sweden for temporary accommodation. In cities and development towns all over the country, rows of concrete tenements began to be hastily erected to address the severe housing shortage. These government-funded low-cost housing projects were known as ''shikunim.'' In the la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home
A home, or domicile, is a space used as a permanent or semi-permanent residence for one or more human occupants, and sometimes various companion animals. Homes provide sheltered spaces, for instance rooms, where domestic activity can be performed such as sleeping, preparing food, eating and hygiene as well as providing spaces for work and leisure such as remote working, studying and playing. Physical forms of homes can be static such as a house or an apartment, mobile such as a houseboat, trailer or yurt or digital such as virtual space. The aspect of 'home' can be considered across scales; from the micro scale showcasing the most intimate spaces of the individual dwelling and direct surrounding area to the macro scale of the geographic area such as town, village, city, country or planet. The concept of 'home' has been researched and theorized across disciplines – topics ranging from the idea of home, the interior, the psyche, liminal space, contested space to gende ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Housing In Israel
Housing in Israel refers to the history of housing in Israel. History After the establishment of the State of Israel, hundreds of thousands of Jews from all over the world began immigrating to the new state. Many were housed in temporary camps known as ma'abarot, where they lived in huts, tents, and packing crates until permanent housing could be built. In September 1948, the Ministry of Labor established a National Housing Department to supervise development on a nationwide scale. The Amidar housing company was founded that year and plans were drawn up for the construction of 16,000 housing units in and around the country's urban centers. The Absorption Department of the Jewish Agency imported 6,000 cabins from Sweden for temporary accommodation. In cities and development towns all over the country, rows of concrete tenements began to be hastily erected to address the severe housing shortage. These government-funded low-cost housing projects were known as ''shikunim.'' In the la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Israeli Settlement
Israeli settlements, also called Israeli colonies, are the civilian communities built by Israel throughout the Israeli-occupied territories. They are populated by Israeli citizens, almost exclusively of Israeli Jews, Jewish identity or ethnicity, and have been constructed on lands that Israel has militarily occupied since the Six-Day War in 1967. The international community considers International law and Israeli settlements, Israeli settlements to be illegal under international law, but Israel disputes this. In 2024, the International Court of Justice (ICJ) found in an advisory opinion that Israel's occupation was illegal and ruled that Israel had "an obligation to cease immediately all new settlement activities and to evacuate all settlers" from the occupied territories. The expansion of settlements often involves the confiscation of Palestinian land and resources, leading to displacement of Palestinian communities and creating a source of tension and conflict. Settlements a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Immigrant Camps (Israel)
The Immigrant camps in Israel ( ''Mahanot Olim'') were temporary refugee camp, refugee absorption camps, meant to provide accommodation for the large influx of Jewish refugees and new ''Aliyah, Olim'' (Jewish immigrants) arriving to Mandatory Palestine and later the independent State of Israel, since early 1947. The tent camps first accommodated Holocaust survivors from Europe, and later largely Jewish refugees from Jewish exodus from Arab and Muslim countries, Middle East and North Africa. By early 1950, immigrant camps were converted into ''ma'abarot'', where living conditions became better and tin dwellings replaced tents. History Establishment In early 1947, the Jewish Agency reached an agreement with the British authorities, according to which the Jewish immigrants would arrive in the Land of Israel on the basis of monthly or quarterly certificates, and remain under British arrest. It was agreed that upon being provided with an appropriate certificate by a donor, immigrants w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Israel
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. How ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Architecture Of Israel
The architecture of Israel has been influenced by the different architectural styles of those who have inhabited the country over time, sometimes modified to suit the local climate and landscape. Byzantine churches, Crusades, Crusader castles, Islamic madrasas, Templers (religious believers), Templer houses, Arab arches and minarets, Russian Orthodox onion domes, International Style (architecture), International Style modernist buildings, sculptural concrete Brutalist architecture, and glass-sided skyscrapers all are part of the architecture of Israel. History Early period Ancient regional architecture can be divided into two phases based on building materials—stone and sundried mud brick. Most of the stones used were limestone. After the Hellenistic period, hard limestone was used for columns, capitals, bases or also the Herodian enclosure walls of the Temple Mount. In the north of the country, basalt was used for building stone, door sockets, door pivots but also for dra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Rate
The prime rate or prime lending rate is an interest rate used by banks, typically representing the rate at which they lend to their most creditworthy customers. Some variable interest rates may be expressed as a percentage above or below prime rate. Use in different banking systems United States and Canada Historically, in North American banking, the prime rate represented actual interest rate charged to borrowers, although this is no longer universally true. The prime rate varies little among banks and adjustments are generally made by banks at the same time, although this does not happen frequently. , the prime rate was 7.50% in the United States and 5.20% in Canada. In the United States, the prime rate runs approximately 300 basis points (or 3 percentage points) above the federal funds rate, which is the interest rate that banks charge each other for overnight loans made to fulfill reserve funding requirements. The federal funds rate plus a much smaller increment is frequen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adjustable-rate Mortgage
A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets.Wiedemer, John P, ''Real Estate Finance, 8th Edition'', pp 99–105 The loan may be offered at the lender's standard variable rate/base rate. There may be a direct and legally defined link to the underlying index, but where the lender offers no specific link to the underlying market or index, the rate can be changed at the lender's discretion. The term "variable-rate mortgage" is most common outside the United States, whilst in the United States, "adjustable-rate mortgage" is most common, and implies a mortgage regulated by the Federal government, with caps on charges. In many countries, adjustable rate mortgages are the norm, and in such places, may simply be referred to as mortgages. Among the most common indices are the rates on 1-year co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgages
A mortgage loan or simply mortgage (), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is " secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property (" foreclosure" or " repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interest Rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed. The annual interest rate is the rate over a period of one year. Other interest rates apply over different periods, such as a month or a day, but they are usually annualized. The interest rate has been characterized as "an index of the preference . . . for a dollar of present ncomeover a dollar of future income". The borrower wants, or needs, to have money sooner, and is willing to pay a fee—the interest rate—for that privilege. Influencing factors Interest rates vary according to: * the government's directives to the central bank to accomplish the government's goals * the currency of the principal sum lent or borrowed * the term to m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanley Fischer
Stanley Fischer (; October 15, 1943 – May 31, 2025) was an American and Israeli economist who served as the 20th vice chair of the Federal Reserve from 2014 to 2017. Fischer previously served as the 8th governor of the Bank of Israel from 2005 to 2013. Born in Northern Rhodesia (now Zambia), he held dual citizenship in Israel and the United States.Stanley Fischer firms as top choice to become US Fed vice , via |
