Are economic bodies in Israel ignoring the IMF and BIS diagnostic tools for real estate bubbles? A critical blog on the regulatory blunder, the dangers to banks and the public, and the urgent need for a change in approach. Has Israel ignored global standards for identifying real estate bubbles? An in-depth study of the IMF and BIS methods for monitoring risks in the real estate and banking sectors, and their disturbing absence from the local discourse. Includes recommendations for immediate implementation.
