JUL 1, 2025 JLM 66°F 05:33 AM 10:33 PM EST
WATCH: Israel faces $1.3 billion of damages from Iran war

The conflict with Iran displaced over 11,000 Israelis and caused at least $1.3 billion in damage to property, cost of housing those who lost their homes.

The Israel-Iran war caused an estimated $1.3 billion of damages to property in the Jewish State, with authorities stating that the logistical and financial fall-out of the conflict are unprecedented.

Speaking at a press conference last week, Tax Authority Director Shai Aharonovich warned of “challenges of a magnitude we’ve never faced in the history of Israel.”

Aharonovich’s remarks were echoed by Amir Dahan, the Tax Authority’s head of compensation, who said that “there has never before been this level of damage” sustained during a war.

“We’re dealing with complex, large-scale damage,” Dahan added.

“Normally we see damage to a single wing or room, and demolition is rare and debated. This time, we know immediately which buildings must come down.”

Israeli outlet C-Tech reported that the state is projected to spend around 4.5 billion shekels ($1.3 billion) to cover nearly 39,000 property damage claims and the evacuation of over 11,000 residents.

Pressing issues facing authorities include the demolition and reconstruction of structures hit by Iranian ballistic missiles, as well as compensating property owners and managing thousands of claims.

According to a C-Tech report, the vast majority of claims to the authorities regarding property damage originate from Israel’s central district, which led with 25,000 reports made.

Some 11,000 claims were made regarding properties in the Ashkelon area, with 2,800 coming from the northern district.

At least 30 buildings will need to be totally demolished after being struck by Iranian missiles, or because of severe damage they sustained from missile impacts on nearby structures.

Approximately 11,300 people have been evacuated from damaged or destroyed homes, with the majority of those displaced housed in hotels.

Most of the evacuees came from the Tel Aviv suburbs of Ramat Gan and Bnei Brak, totaling about 4,000 people.

Around 1,000 people were displaced from Tel Aviv, with the same number evacuated from Ness Ziona, Bat Yam, and Holon.

About 175 people in the southern city of Beersheba were left homeless after missile attacks, with at least 1,000 homes reported to have been damaged.

Image - Chaim Goldberg/Flash90

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Iris Longtime
🙏👑🦁🌎🇮🇱✡️😍👪🐕🏠🥰✅️😀👍💐❤️💔💔💔💔
Aliza Circle
The Iranians threw rackets into Israel 🇮🇱 in ✡️ order to destroy us. They may succeeded to damage buildings and even killed 28 Jewish ✡️ people, but they can't defeat us.
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