BREAKING NEWS

PM blames 'cartels,' ILA bureaucracy for housing shortage

By JPOST.COM STAFF

JULY 25, 2011 00:58

Homegrown cartels are causing social inequalities and preventing ordinary citizens from buying apartments, Israel Radio reported Prime Minister Binyamin Netanyahu as saying Sunday.

Speaking at a ceremony at the President's residence in Jerusalem honoring former leaders that have since passed away, Netanyahu said that Israel must free itself from these cartels in order to create social justice.

The prime minister slammed the Israel Land Authority, saying that 93% of the country's land falls under the organization's jurisdiction, and that the authority is a monopoly that stifles development. Netanyahu lamented that citizens must pay enormous chunks of their salaries and assets to simply put a roof over their heads, leaving an unjust and unnecessary situation.

Looking ahead, the prime minister said that he hoped he could announced this week the approval of actions seeking to alleviate the housing shortage, ushering in "what [former prime minister Menachem] Begin was talking about: social justice," Israel Radio reported.

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