Beautiful Way of Life: Israel

"Check and compare your villa at Nofim against any other residential project in Israel," urges the newspaper ad. From every window, it promises, "a beautiful mountain landscape is visible." There will be "green areas, public areas, communal facilities and an exclusive country club," all of it only 40 minutes by car from Tel Aviv. Best of all, each villa, which will be built on a quarter acre of land, may be purchased for $90,000, a third of which is covered by government-financed mortgages and loans. This is not a bad deal, since a...

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