In Israeli settlements, money is on annexation real estate boom

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[ARIEL] In the Jewish settlement of Ariel, Perri Ben Senior can't wait for Israel to annex this part of the occupied West Bank, hoping it will be a boon for her real estate firm. Read more at The Business Times.

Elsewhere in the West Bank, other agents have seen a leap in sales since annexation began dominating headlines after the launch of the US plan.

"They fear the prices are going to get higher because of the decision of the government" to annex the territory, he said.If Israel does annex any parts of the West Bank, those areas will become subject to Israeli civilian law, rather than the military law currently in place. While the details of the plan remain obscure, many assume that annexed lands will not become part of the future Palestinian state, which is also part of Mr Trump's plan.

Since the Oslo accords of the 1990s, which were meant to lead to the formation of a Palestinian state, the population of Israeli settlements in the West Bank has more than tripled to 450,000.

 

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