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Too Marvelous!

October 29th, 2006 · 4 Comments

Tel AvivWe’re back in the game! Yes, ladies and gentlemen, the apartment that we thought that we had in Tel Aviv fell through and now were back in the dog eat dog rental real estate market of Tel Aviv. Here’s how it works. One, all the “good” apartments are already taken by friends of friends. People offer apartments to their inner circle first. So the apartments that make it to the ads online are either offered by friendless people or none of their friends wanted that apartment. Once the apartment hits the online ads, the wildfire begins. People are literally sitting at their computers refreshing the ads waiting for the newest one. The ad goes up and then it’s a race to be the first one to see the apartment. Usually the first person to see the apartment has dibs on it. The good apartments go fast. The second person there is usually out of luck.

This part of the game is no problem now that I know the rules. It is a real pain in the ass though that I have a life and that life is in Jerusalem. When a good apartment is advertised, it could be very well gone by the time I get down the mountain. Grrr!

The most frustrating part of the whole experience is defining our limits. Y and I started out looking for a two bedroom apartment for $850. We wanted it to be somewhat renovated (no leaks, no crumbling walls, AC) and generally in nice shape. Soon we found ourselves being pushed upward by this market momentum. Now we’re looking at $1000 apartments with views to parking lots through broken windows! We saw a lovely apartment last night for $1100. It’s a 2 1/2 room job with central air, very well renovated, with a view to a nice garden. But it’s tiny! We’d have to make lots of lifestyle compromises to live there. Plus the current residents are taking their built-in oven and dishwasher. We’d have to buy these items in order to fill in the holes. Y and I haven’t had these kinds of conversations before. So each apartment we see presents opportunities for us to figure out what’s important to us. While we’re debating, someone else is signing the paperwork.

We did have a very interesting experience on our first trip out to see apartments in Tel Aviv. We made an appointment to see a 2 1/2 room apartment in Old North Tel Aviv. Y and the woman that answered the door recognized each other right away. She asked, “How do we know each other?” From high school! We stepped into the apartment and she offered us water. There was another woman eating lunch in the kitchen and she introduced herself. Y turned to me and said, “That’s the Prime Minister’s daughter.” We saw the apartment of the Prime Minister’s daughter! It was a lovely apartment. Huge balcony. Nice rooms. Great street. I was ready to take it. However there are two people in front of us. The first person said that they would only do $1100. The second person offered $1200. Here Y and I stood with pretty good protexia, but that doesn’t seem to be enough these days in TLV real estate market. These ladies are moving out because their landlady is raising the rent from $900 to at least $1100 a month. That’s the kind of market increase we’re talking about. It’s almost enough to make me lose my religion.

I know that for our budget we can find something great. It just requires a little leg work and patience. I’m just waiting for the apartment that makes me sing like Ella:

נב: A lovely reader (thanks Carol!) just sent an apartment announcement to me. She had a hard time finding my email. If you have the scoop on a good Tel Aviv apartment, please email me at nunbet [at] gmail [dot] com. Thanks!

Tags: Israeli Life · Jerusalem · Tel Aviv · Rants

4 responses so far ↓

  • Tif // Oct 29, 2006 at 3:31 pm

    Oh no - that’s aweful! I can’t believe you lost that apartment after planning on it for so long :( What happened?

  • John // Oct 29, 2006 at 9:49 pm

    YES! I have no idea about the specifics - but it’s gone, gone, gone! :( Oh well! Here’s to something bigger, better, and maybe cheaper!

  • Sam // Nov 1, 2006 at 7:23 pm

    You and your apartment are getting closer and closer together! It’s going to happen and it will be GOOD!

    l&s,
    Sam

  • Whose cousin are you now? at Are you kidding? // Nov 7, 2006 at 6:52 pm

    […] For those of you who don’t live in Tel Aviv, think of Manhattan. That’ll give you some picture of what the Tel Aviv rental market has become in the past year. When we moved here things were still reasonably decent, but for some unknown reason shortly thereafter the market went insane. Any halfway-decent apartment gets grabbed five minutes after getting posted on the major rental websites. Anything more than halfway decent never makes it to the internet - it gets grabbed by friends of the current tennents the minute they decide to move out. […]

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