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      Archive: 12/30/2013

      News Brief

        12/30/2013, Tevet 27, 5774

      MK Ariel: Plan to Cut Housing Costs Coming Out Soon

      Housing and Construction Minister Uri Ariel declared, Monday, that his ministry will soon publish a new plan for lowering housing prices. Speaking at a conference in Tel Aviv, organized by the Calcalist business publication, he said there was room for government involvement in the price field. He said this past year, the government marketed 40,000 dwelling units but it wasn't enough.

      Ariel said the government was committed to lowering prices for the sake of the young generation, adding that a combined effort of government offices would bring about the goal in three to five years, and that he has turned to the treasury for solutions to reach the goal sooner.