Housing prices and rents in the southern Tel Aviv neighborhood of Florentin are on the rise, making it unaffordable for many young people. The neighborhood's population is mainly young due to the small apartments available, but rising prices may push them to other areas like Kiryat Shalom or Shapira. New real estate projects in Florentin are selling at prices exceeding NIS 70,000 per square meter, reflecting a significant increase in prices in the area.

Original article source: https://en.globes.co.il/en/article-florentin-becoming-too-expensive-for-many-young-people-1001511917
Source Id: 8707436289