Analysts say tax on multiple-home owners won’t survive repeat vote in the Knesset - and if it goes down, prices will go up
TheMarker reported that Netanyahu and Finance Minister Kahlon decided to agree to the freeze two months ago, but kept it quiet in order to not upset right-wing coalition members
Illegal construction is much more prevalent in Arab communities, and when Netanyahu and Kahlon agreed to the freeze they kept it quiet for fear that their right-wing coalition partner would raise a hue and cry
Figures provided further evidence that Israel's overheated residential real estate market is finally cooling
Prices dropped 0.5% in December and then increased by 0.5% in January and February put together
Marks second decision against religious developer, which was fined earlier for anti-Mizrahi ad
The luxury rental market has slumped over the past year, with overseas clients particularly thin on the ground
Governor Karnit Flug says tax windfall should be used to boost government’s low levels of education, infrastructure spending.
A few years ago it was announced that 150,000 long-term rental units would be put up within a decade. Now it looks like 5,000 units will be an achievement.
Long-term plan program sees 1.5 million new homes being built by 2040.