Average Housing Prices in Israel reached 295k US$ in 2011 (http://www.globalpropertyguide.com/Middle-East/Israel) while average housing prices in the US are 273k US$ in 2010 (http://www.census.gov/const/uspriceann.pdf) GDP per capita in the US is 47k US$ while 29k US$ in Israel. So housing prices in Israel are basically double as in the US. There is no reason to call Israelis spoiled.
Four Libyan soldiers said killed in battle with Islamists in Benghazi (Reuters)
from the article: Netanyahu cancels Poland visit as housing protests take Israel by storm