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Fertile misconceptions

Sunday, August 5, 2012

WN.com - Business News
Latest headlines from WN Network
Fertile misconceptions
Aug 6th 2012, 02:20

Hundreds of agricultural plots in Hod Hasharon have been snapped up in the past few years as part of an onslaught of real estate speculators who are anticipating a killing when the land becomes zoned for development - presumably in the not-too-distant future. But that isn't as simple as it seems: The odds that they're throwing away their money are at least as great. Few, however, can resist the temptation. Among other places, Hod Hasharon is a prime example of a market of this type that's been flourishing in recent years. Massive advertising for farmland around the country, particularly on roadside billboards and via the Internet, is luring a broad audience with offers like NIS 300,000 for a...

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