President el-Sisi seeks to combat Cairo congestion by moving people to new satellite city.
"While American Jews once looked at having a home in Israel as luxury, or a nice thing to have for the holidays, it is now seen as a necessity for those who can afford to purchase one," Shapiro said.
Construction on the synagogue is expected to begin mid-2022 and should be complete by 2025.
“The severe shortage of thousands of foreign workers in the construction industry will, in the coming months, lead to an 8% increase in housing prices in Israel.”
In recent years, Talpiot has evolved from a drab industrial zone to one of the city's employment, tech and culture centers, and students and young families have been moving in.
In a post-pandemic world, the Academy hopes to welcome over 200,000 visitors a year at the global center.
The Blue Line is being jointly developed and promoted by the city of Jerusalem, its municipal government, the Transportation Ministry, and the Moriah company.
News of the destruction caused an immediate outcry among right-wing politicians.