Why Israelis Bet Everything on One Apartment

In Israel, buying an investment apartment isn't just common — it's cultural orthodoxy. Roughly 40-45% of household wealth sits in real estate, often in a single property. This episode unpacks why that persists despite every diversification rule, from tax policy and inflation trauma to leverage and recency bias. Then we explore the broader consequences: how a nation of small-time landlords pushes up prices, reduces homeownership, and creates a fragmented rental market that hurts tenants. If you've ever wondered why housing feels broken — or why smart people keep making concentrated bets — this one's for you.