Housing Ministry Director General Expects Apartment Price Decline; Contractors and Bankers Oppose Policy

In depth

According to Ice, Morgenstern claimed the rental market model had collapsed, and according to TheMarker, the president of the Contractors' Association claimed Israel has no long-term national plan for the real estate sector. According to Ynet, Association Chairman Amit Gottlieb attacked the metro financing model, writing "72% betterment levy is absurd."

According to Ice, Bank Yerushalayim CEO Yair Kaplan explained why developers hold land rather than build, and warned of harm to developers' profitability. According to N12, Kaplan and Nehama Bogin attacked the Mehir Lamishtaken program and argued that it contributed to rising apartment prices.