Israeli Housing Policy Zigs and Zags, but Treasury Official Says Problem Stays the Same

Too few homes for too many people and a government near-monopoly on land is driving up housing prices, Eran Nitzan, the treasury’s deputy budget director in charge of housing tells TheMarker

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It’s a familiar ritual: A government agency releases figures on soaring housing prices, record home sales or borrowers piling into the mortgage market, a media storm ensues and the government promises to act....