Gov’t exceeded goal in selling housing lots — Kahlon

4 January 2016, 2:57 pm

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Finance Minister Moshe Kahlon says the number of lots sold for construction in 2015 exceeded the goal set by the government. Land was sold for the construction of 44,000 apartments last year, says Kahlon.

At the opening of a meeting of the housing cabinet, the finance minister says this accomplishment was possible thanks to his ministry’s recently expanded powers.

Housing Minister Yoav Galant, a member of Kahlon’s Kulanu party, says at the meeting that it is clear to all those involved in the field of housing and construction that “something new is happening,” according to Israel Radio.

Galant also says that a rise in the cost of housing that began in the last decade has finally been halted.