Israelis top the list of foreign investors snapping up real estate at bargain prices in Budapest, according to Reuters. A sales pamphlet for Israelis says Budapest is filled with property “peaches,” the report added. With Germans, Americans, British and Chinese also among the investors, concerns are mounting that native Hungarians may be priced out of the market.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.