I attended an urgent meeting last night on the topic of Judification of our village. Apparently a lot of Arabs are moving in and people would like to stop the trend. There is a rumor that this is an intentional move and Saudi Arabia is funding Arabs moving into Jewish neighborhoods. In some cases the Arabs are offering more then the asking price to convince the seller to sell to them.
We discussed a multi-level plan.
1) Buy houses - There is a definite lack of quality rental properties in the area and a high demand. There is a current NBN initiative to move new immigrants to the Galilee and our village is one of the featured places. Buying property for rental is a solid investment.
There is an organization called Moreshet Galil that is involved in buying houses in the area and keeping it Jewish. One of their proposals is to form real estate investment groups, where people buy houses together. Their first proposal is a house for approximately $120,000 with someone prepared to rent the house for approximately $475/month. He is looking for 5 investors to split the house and already has 3 people at $24,000 a piece and is looking for 2 more. It will provide revenue of approximately $95.00 per month, which is a much better rate then you would get on almost any other investment at the moment.
Another thing we talked about was making the new communities that are being planned into closed neighborhoods where any buyer would have to be accepted by the acceptence committee.
Someone propsed making it less comfortable for them to live in our neighborhoods.
Lastly, we discussed the economic problems of the area and how we can improve it.
It was an interesting discussion, and I will probably have more to discuss on this in the upcoming months.