Daniel only moved to Tel Aviv from Australia two years ago. But fed up with the soaring cost of life in Israel’s hedonistic coastal metropolis, he is already preparing to leave.
The 36-year-old web entrepreneur was drawn to the beach city by its laid-back reputation. But now, he and his fiancée have decided to seek somewhere more affordable, rather than continue to shell out Shk9,500 ($2,900) a month for a 75 sq m apartment.
“[The cost of living] kind of put me against the wall . . . I would rather buy my own property and pay my own mortgage than be a stupid idiot and pay an arm and a leg just to say I am living in Tel Aviv,” he said. “Everything — even a coffee — every single thing you touch, it’s overpriced.”
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