If you look at things in a historic context and not in a typical anti Israeli one then in 48-50 this was a parallel action to the Arab states confiscation of Jewish property and money that was forcibly left behind when Arab Jews were kicked out without a penny to their soul. I'm still waiting for the over due compensation on my grandfathers house in Basra, Iraq.
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Professor Marcus Klingberg, scientist and Soviet spy, has died (Haaretz)
from the article: State eyes 'legal' takeover of abandoned East Jerusalem properties