News Briefs

  Kislev 28, 5770 , 15/12/09

Attias to Continue to Try to Keep Housing Prices Down

Housing and Construction Minister Ariel Attias committed on Monday to continuing his program to flood the real-estate market with land in order to make the price of housing in Israel cheaper.

After listening to speakers at the Israel Business Conference, who said housing prices would continue to rise in 2010, the Shas MK said "the logic of the contractors and entrepreneurs is to say that apartment prices won't go down. What will this do to them? They'll hurt themselves with their own hands and have to lower prices."

Other archived news briefs:Dec 15 2009, 05:47 AM, 12/15/2009