MAY 3, 2024 JLM 65°F 09:28 AM 02:28 AM EST
Apartment prices: Devastating situation for young people

Housing prices have jumped by about 18 percent in the last year as a result of the erosion of confidence in the state's ability to curb price increases.

The amazing jump in apartment prices - about 18 percent in the last year - has no precedent even in the worst crisis years. Apparently, the frequent election campaigns have eroded confidence in the government's ability to curb the rising prices in the housing market through various emergency programs, while at the same time, the war in Ukraine continues to raise the cost of construction materials.

Source - Channel 13

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Comments
Selina 16:59 16.08.2022
As far as the frequent elections, yes it's obvious that isn't ideal. Of course it will effect the economy. But, I think it's the lockdowns that are the true reason for the rent increases.
Selina 16:56 16.08.2022
Thank God ancient Babylon is dead and gone. Long live Israel, long live true democracy! God bless. Peace.
La Jun 12:55 16.08.2022
Economic revival is almost here. The Babylonian system will CRASH AND NEVER Recovered
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