[HIGHLIGHTS] The President of the Contractors Association: "The government is raising housing prices - expect a crazy double-digit increase later this year"

The president of the Contractors Association, Raul Sargo, says that "as in the war, the government does not take responsibility in the area of housing either." He adds that "We offered to reduce the purchase tax for investors to encourage buying, but instead they want to extend the temporary order with a tax of 8%, which is a serious mistake. "The government wants to bring foreign workers to Israel, encouraging construction starts by providing incentives and a safety net to contractors because of the high interest rates.

The regulation of foreign workers is killing us, he adds.