Data from the Central Bureau of Statistics indicate that construction for new housing was on the decline across Israel during 2014, reflecting negatively on a government already tainted by a comptroller report which accused it of not doing enough to fight the rise in the cost of housing.
The number of housing starts in 2014 was 8% lower than in 2013, especially in areas where demand is high.
According to the data, a full one-third of construction that was completed during the past year came from private homes or duplexes – i.e., houses for the richer citizens of the country.
In Jerusalem, Haifa and the northern region, a minor increase in housing starts was noted. This was not enough, however, to halt the overall downward trend.
According to Channel 2, in West Bank settlements the drop in housing starts is more steep – with 52% fewer housing starts than the previous year.
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From the Liveblog of
Tuesday, March 10, 2015
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