Israel’s Finance Minister Kahlon is planning to present the Housing Cabinet later this week an “unprecedented strategic blueprint” in an effort to fight soaring housing prices and meet market demands by the increase in home construction of 247% by 2040.
By Zeev Klein
Finance Minister Moshe Kahlon plans to unveil a new plan for tackling rising housing costs at a meeting of the Housing Cabinet scheduled to be held later this week.
The plan, a joint project of the National Economic Council, the National Zoning and Planning Committee, and the Housing Forum, the executive arm of the Housing Cabinet, has been described as an “unprecedented strategic blueprint” in the government’s efforts to meet market demands and fight soaring housing prices. Continue Reading »