The riddle no Israeli government could solve: How to handle the housing crisis?
In 2012, Netanyahu's government failed to increase the supply of new units, seen as the key to solving the housing shortage. With fewer building permits being issued so far this year, the downward trend continues.
Housing and Construction Minister Uri Ariel was right in saying "2013 is a lost year," but not in the way he intended it. Ariel was pointing out that even if the government started taking real steps to improve the real estate picture, they wouldn't be felt for another couple of years.