When government policy isn’t chaotic, it is increasing demand at a time when supply is falling
Israel housing protest
The state wants to put housing on a valuable parcel in Herzliya, just north of Tel Aviv, but residents are insisting an ecological park be established instead
City taxes hiked up to pay for urban renewal projects after Interior Ministry fails to implement discounts passed by lawmakers two years ago
Figures show 22% drop in new-home sales in the first half. Both housing starts, supply of unsold homes are falling
Urban renewal program will not add as many homes in strategic areas as had been anticipated and prices are expected to keep rising, according to Dana Chermesh Reshef, an urban data scientist
While tourists enjoy bargain rates local residents suffer noise and traffic
Analysts say tax on multiple-home owners won’t survive repeat vote in the Knesset - and if it goes down, prices will go up
The prime minister told an audience in northern Israel last week that he always asks other world leaders about their country’s real estate market, showing just how out of touch he is with his own citizens.
Property Appraisers Association report mimics government survey that finance minister has barred from publication.
Do those who say they will vote for Yair Lapid realize what he represents?
'It’s dangerous for all the young people to concentrate in the "state of Tel Aviv,"' says organizer of new movement. 'It’s a bit pretentious, but we can call it 'pioneering.'
In interview with TheMarker, finance minister won’t say he’s seeking lower home prices, emphasizes a return to normalcy.
More than 30 percent of owners fail to report income from short-term leases arranged through Airbnb website.
Hagai Amit made a bid to reignite the spirit of the social protest. The masses prefer their smartphones.
Prime Minister Benjamin Netanyahu has ignored the social protest’s demands. We face an ongoing housing crisis, a collapse of social services and a soaring cost of living.
Nadine Baudot-Trajtenberg warns that the financial burden could prompt street protests.
Rental prices should be lowered by selling more land for housing development. Then housing and rental prices will decrease.
Overall, there were 47,700 new housing units last year, 3.9% more than 2014 - but number of housing units completed last year fell by 2.8% to 43,400 units.
The percentage of Israelis who are satisfied with their lives is similar to the figures for New Zealand, Australia and Mexico.
Analysts say CPI decline is driven by falling world oil prices, cuts in controlled prices, so Bank of Israel is unlikely to respond.
In a new book, economist Elli Kraizberg tears down conventional wisdom and reveals 90 factors that really explain why prices are soaring .
For once, economists at the global organization looked at the standard of living, housing, quality of life and lack of competition here, and had no trouble declaring: The emperor has no clothes.
Decision will affect 2,416 who are eligible for public housing; amount of increase has not been set.
Thousands of families living in public housing with one adult offspring will be entitled to a discount of 50–55 percent.
Interior Ministry panel backs plan for up to 50,000 new housing units in rural communities around the country.
The average Israeli apartment sold for 1.394 million shekels, up 3.5% from 2014, government figures show.
Israel’s rental law is more than 40 years old and does little to regulate the landlord-tenant relationship. Legislation aims to change that, but don’t expect any change soon.
Peak in property deals was spurred by June 24 introduction of purchase tax.
A place to live has gone from a basic right to a luxury, says a government legislator who is cooperating with the opposition on the move.
Increasing the cost of manpower might spur greater efficiency and technological advance by the industry, which could offset much of the increase in wage costs, ultimately resulting in lower housing prices.