Posted by:
Tevai
(
)
Date: April 03, 2018 09:12PM
What I, as a Jew and as someone who has been to Jerusalem, find of immediate interest is: FIVE ACRES IN EAST JERUSALEM???
Wow...
Using (admittedly rough) figures from 2015 (three years ago), a half-acre in East Jerusalem is worth US$15,000,000...which means five acres would be worth US$150,000,000...
...which means: a truly impressive LDS real estate investment for the future (especially since the worth of the land keeps increasing).
http://www.middleeasteye.net/in-depth/features/palestine-s-other-land-war-1213915354[EDITED TO ADD: Evidently, there is, or was, a lease on the land, negotiated in 1968 for 49 years....which is "now." I assume that LDS Corporate was able to re-negotiate the lease for a similar, future, term of years.]
Edited 2 time(s). Last edit at 04/03/2018 09:24PM by Tevai.