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
-
Israel Is Held To A Higher Standard Than Any Country
April 25, 2024In the intricate tapestry of global affairs, one nation stands out for enduring scrutiny and condem...
-
Israel Has The Most Moral Military In The World
April 10, 2024In the heart of a region often riddled with conflict, Israel stands out not only for its technologi...
-
The Resilience of the Israeli People
April 2, 2024Visitors from around the world have seen Hamas's October 7th Massacre's destruction in southern Isr...
-
Israel: Small Size, Big Impact
March 21, 2024Nestled along the eastern edge of the Mediterranean Sea, Israel is a land of immense historical sig...
-
Israelis Are Fighting For Their Lives
February 21, 2024By Jonathan S. Tobin The world looks a lot different from Kibbutz Kfar Aza than it does in the U...
-
Over 2 Million Arabs Live In Israel
January 23, 2024In the complex landscape of the Middle East, where diverse cultures and identities intersect, Israe...
-
'Fauda' Star Idan Amedi Injured Fighting in Gaza
January 8, 2024Despite the severity of his injuries, Amedi's father assured Israeli news channels that his life is...
-
Israel Is A Great Country To Live In
December 28, 2023Nestled at the crossroads of the Middle East, Israel stands as a vibrant and dynamic nation, offeri...