Tel Aviv is ranked as one of the most expensive cities in the world. Here's a look at what it's like to be a billionaire in the second-largest city in Israel.
With this influx of tech, neighborhoods have expanded. Business Insider's Hillary Hoffower previously reported that Israel's real estate prices have doubled in the past ten years. In Tel Aviv in particular, prices are rising because of tech and tourist industry success.
,"The rise in luxury hotels, apartments, condos, and homes in these areas has ultimately been sparked by economic growth as well as an increase in overseas buyers and travelers."One of the most desirable areas in the city is Neve Tzedek. According to The Wall Street Journal, an apartment in the seaside neighborhood averaged between $1.5 million and $2 million in the seaside neighborhood in 2015.
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