Who can afford to live in Jerusalem/anywhere .
(photo credit: CENTRAL BUREAU OF STATISTICS/MINISTRY OF CONSTRUCTION AND HOUSING/MILKEN INNOVATION CENTER)
The short answer is “not much.” What affordable housing means depends on whom you ask.For housing, the accepted standard is no more than 30% of annual household income should be spent on household ownership. It is based on an expectation of the maximum amount of a household’s income that should be spent on housing versus other things like food, clothing, education.
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