The Israeli government on Sunday announced a series of measures to build 187,000 new apartments over the next five years, Israeli daily Maariv reported. Around 40,000 apartments will be for affordable housing and the majority of the new buildings will be constructed in the Tel Aviv area, central Israel and Jerusalem, Maariv said. The limit in rental assistance provided to residents in public housing will also be raised and property tax on uninhabited apartments will be doubled, a move expected to free around 15,000 apartments annually. The measures are based on the recommendations of the Trajtenberg committee, which was set up after Israelis took to the streets last year to protest against the high cost of living. It is unclear whether any of the apartments will be built in the West Bank and East Jerusalem. Israel has occupied the West Bank, East Jerusalem and Gaza Strip since 1967
GMT 08:39 2017 Saturday ,23 December
Afghan raisin houses get a facelift to boost productivityGMT 15:34 2017 Friday ,22 December
Hot US new homes market sees biggest jump in 25 yearsGMT 17:34 2017 Tuesday ,19 December
German real estate giant to swallow rival in $6bn dealGMT 11:36 2017 Wednesday ,06 December
Sahalah FM Brings 360 Building Services to The KingdomGMT 18:09 2017 Tuesday ,28 November
US new home sales rise to 10-year highGMT 14:50 2017 Monday ,30 October
London house-buyers get lift from BrexitGMT 10:38 2017 Friday ,27 October
Chinese construction firm CCCC buys Canada's Aecon for Can$1.51 bnGMT 14:05 2017 Thursday ,19 October
US home construction hits one-year low in SeptemberMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor