PM on Housing Report: We’ve Done Much, But Still Much to Do
February 26, 2015The Comptroller’s Report on housing prices is “a very important document that we place a great deal of importance on,” Prime Minister Binyamin Netanyahu’s office said Wednesday. “We believe that the report raised many serious issues and solutions, which we shall work on implementing,” the PMO said in a statement.
Netanyahu was responding to a nearly 300 page report by Yosef Shapira that painted a depressing picture of Israel’s housing market, and its lack of affordability. The report said that housing prices had increased 55 percent and rent costs by 30 percent between 2008 and 2013, and that “no solution has been found or implemented” by Netanyahu’s government, which took office in 2009, to try to slow the continuing rise.
In 2014, prices increased another five percent, figures published this week showed. In the face of “soaring house prices,” wages barely increased during the period, the report said. “The various government departments reacted with no strategic plan of action in the long term, and without any goals set,” it said.
While the statement admitted that there was a problem, it said that the Prime Minister had done a great deal to prevent even worse damage.
“The report itself points out the many things we did, but I do admit that there is a great deal more to be done,” Netanyahu said in the statement. “I intend to tackle these problems in our next government with our natural allies. They, too, are interested in tackling this problem and I am sure that together we will be able to undertake this great mission.”
Similar posts
-
Dear World: I Don't Care
November 2, 2023By Avi Lewis I don’t care that you sympathize with Hamas I know you wouldn’t tolerate any of ...
-
Stand With Israel!
October 17, 2023Stand with Israel. Don't stand with the extreme terror organization Hamas. This is a war about huma...
-
Israel Thanks You For Your Support
October 13, 2023Israel extends its heartfelt gratitude to each and every one of you, dear friends and supporters, f...
-
How Israel Benefits the United States
October 5, 2023The relationship between Israel and the United States has been a cornerstone of American foreign po...
-
How Israel Helps Its Arab Neighbors
September 27, 2023Introduction Israel, a country known for its rich history and complex geopolitical landscape, ha...
-
The Amazing Country of Israel
September 15, 2023Introduction Nestled in the heart of the Middle East, Israel is a nation with a remarkable histo...
-
Israel Safeguards The World From Terror Attacks
August 23, 2023Introduction In an era where terrorism poses a significant threat to global security, Israel sta...
-
Israel Helps The World With Water Recycling
August 10, 2023Introduction In a world grappling with the challenges of water scarcity and resource management,...
