Jerusalem mayor fights to bring overseas buyers to the capital
Mayor Moshe Lion and city officials are reportedly promoting Jerusalem as a prime destination for Diaspora Jews seeking either investment properties or future residences, as developers struggle with slowing demand and rising inventories.
Assessment
Moshe Lion is intervening directly in Jerusalem's real estate market, positioning the city as a haven for Diaspora Jewish buyers. The move signals that local developers face a genuine demand slump, not just a seasonal dip. The outcome will test whether international interest can offset a softening domestic market.