Today’s consumers in Israel, as well as the United States, choose to spend more on their quality of life, over buying things. In the past few years, the whole concept of shopping has gone through some changes, shifting its focus from owning things to acknowledging new ideas. Online shopping and e-commerce redesigned consumer behaviors, which was eventually implicated in the development of residential and commercial real estate projects. As one of the key drivers of economic growth, consumerism made retailers rethink their real estate needs. Not so long ago, the idea of living in an urban environment and walkable communities wasn’t really popular. In fact, only a decade ago, most people were against this idea, which is why they were choosing the suburbs over downtown.
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