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  7/21/2011, Tammuz 19, 5771

Steinitz: Housing Crisis is Real


Finance Minister Yuval Steinitz said Thursday that he had met with Prime Minister Binyamin Netanyahu and Housing Minister Ariel Atias on the housing crisis. He said that the government coild next week present a new measures to make housing more affordable.

Speaking to Israel Radio, Steinitz said that the crisis was real, and came from a lack of serious affordable home building over the past 8 years. “There are movements around the world protesting pressures facing the middle class, and Israel is also experiencing these protests now,” he said.