It's amazing that you can do this even in a small place :). Gives us hope that this lifestyle can be opened up to more people regardless of what passport they have / country they live in.
Holy cow. What happened to your social life, if I may ask? Friends, family. How do you maintain your relationships?
If anything, it's easier to make and meet friends, and easier to be with your family, if you aren't tied to a 9 to late-at-night job.
Israel is a tiny country. You can spend a week on the top of some mountain not seeing any human being, and then drive 30mins and be with your friends. I enjoy being able to choose when to be completely alone and when to be surrounded with friends and family. Besides, I can definitely stay in the middle of Tel-Aviv with my bus (without paying the crazy rent!). That's where I am currently, actually.