Senior real estate figures' demands of the next government on the housing market

In depth

Ahead of the 26th Knesset elections, senior figures in the real estate sector are presenting the steps they believe the next government must advance in the housing market. According to Ynet, the tasks include: shortening planning and licensing procedures, addressing the shortage of manpower, reducing purchase tax for investors, and regulating the field of mortgage consulting.

According to Israel Hayom, the demands also include reducing purchase tax, bringing in foreign workers, cutting bureaucracy, and accelerating urban renewal. Appraiser and lawyer Erez Cohen, who was interviewed by Ice on Election Day, addressed the stagnation in transactions and the pressure in the rental market, and said: "if oxygen is not pumped in – the entire system is in danger".