According to data gathered by the Central Bureau of Statistics (CBS), presented at Sunday's cabinet meeting, property values have started to stabilize in recent years after a decade of rising prices.
Have you just purchased or taken out a lease on a new apartment in Tel Aviv?
Regev noted that the faster a haredi community moves in to a city, the greater potential for societal tensions, because the original, non-haredi population has less time to adjust to the new reality.
What some people will do for love.
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.
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According to the Jewish Agency, there currently is a waiting list of 27,000 low-income Israeli seniors, half of whom are Holocaust survivors, for subsidized housing.
While Israeli wage growth has fallen below the OECD average, housing prices have doubled since 2007, these figures show.