In 1989, some 75% of the population owned the property in which they lived. Today, the number has fallen to 65%.
Srugo said that if Israel does not deal with the housing crisis, “we are marching toward the greatest crisis that Israel will have seen since the establishment of the state.”
On a percentage basis, West Bank settlements also saw the largest spike in housing finishes, 28% compared to the 3% increase in 2018 the rest of the country.
Plans to build new housing in the city may create a degree of chaos.
There will be some commercial units included in the project as well.
She has introduced laws aimed at increasing the protection of the personal safety of infants and toddlers while serving as the chairwoman of the Committee on Children Rights.
"We must take moral responsibility. There is no sovereignty without responsibility," Elkin said.
Hardly seven years after religious fanatics punctured Manhattan’s fabled skyline, economic disease sprang from its financial bowels, challenging America’s economic vitality, sway and faith.
Roni Brik, president of the Israel Builders Association, believes that government policy with regard to the real estate industry is flawed.
Cohen warns that the loss of interest by foreign builders and a sharp decline in overall construction will put Israel at risk of suffering a recession in the real estate industry.