The Rent It fund, specializing in long-term rentals, acquired 30 apartments from the Beit Yerushalmi group for a total of 63.2 million shekels. The deal reflects a discount of over 10% on current market prices. Meanwhile, Beit Yerushalmi will invest 7.9 million shekels and retain 2.1% of Rent It's shares. The average price of the apartments in the deal is approximately 1.55 million shekels, while the total construction cost per apartment is about 1.25 million shekels, indicating a potential entrepreneurial profit of around 20%. The slowdown in the residential market in Israel allows rental companies like Rent It to take advantage of the situation and acquire properties at lower prices. The decline in apartment prices could free households from high housing costs and reduce the burden of mortgages and rents to 30% of income. Additionally, this could release capital from the banking system for investments in other areas such as industry and innovation.