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97 thousand for 7,037 apartments: what are your chances of winning an apartment at a discount? - Walla! Real estate

2023-05-08T06:53:21.683Z


Registration for the fifth discount apartment lottery ended last night, in which approximately 7,037 eligible people will win an apartment at a significant discount in 17 localities across the country - out of approximately 97,000 who registered for the lottery


97 thousand for 7,037 apartments: what are your chances of winning an apartment at a discount? (Photo: ShutterStock)

The onslaught continues:

about 97,000 households registered for the fifth raffle for an apartment at a discount, which ended last night (Sunday) at midnight, offering about 7,037 eligible people to purchase an apartment at a significant discount in 17 localities throughout the country.



The list of localities participating in the fifth lottery: Petah Tikva, Rishon Lezion, Beer Ya'akov, Elad, Yavneh, Rosh Ha'Ein, Haifa, Harish, Safed, Netivot, Ashdod, Eilat, Katzrin, Nof HaGalil, Karmiel, Arad, Kfar Kasem.




This is not a large increase in registrants compared to the previous and fourth draw at the salon, where there were about 90,000 registrants for an amount of 6,500 apartments at a discount.

Still, the number of about 100,000 household couples, most of whom are young couples and families at the beginning of their journey, who are sitting on the fence, apparently, expecting prices to drop or waiting to win the lottery - gives the impression that the demand bottleneck will burst very soon, with about 90,000 Couples will receive a notification that they did not "win" an apartment at a significant discount from the state.



Still, what are your chances of winning an apartment at a discount?

Which settlements did you register for?

Calculate your chances of winning an apartment at a discount (photo: screenshot, Ministry of Construction and Housing)

This is of course a figure that varies depending on the localities you signed up for in the lottery, when you can see that Katzrin offers a relatively large number of apartments in the lotteries, and apparently the number of people who sign up for it will be relatively lower than those who sign up for the lotteries in the central cities, such as Elad, Rishon Lezion, Petah Tikva and Beer Ya'akov - Sheshem The number of apartments drawn is the same or higher than in Katsrin.



From a simple calculation, it can be understood that the chances are around 7% per household, so that 1 out of 15 registrants will be disappointed, when the lottery results are announced for the winners in the coming weeks.

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As a reminder, the registration for the fifth lottery in the 'Apartment at a discount' program lasts about 3 weeks, when it opened on Sunday 16.4 and closed last night, on Sunday 7.5 at 23:59.



This lottery joins previous lotteries of the "discounted apartment" program that took place starting in 2022, and with the publication of its results, the total number of young couples who will be able to buy an apartment at a significant discount at the expense of the state is about 35,000 eligible.



Starting today, the professionals in the office will begin to carry out technical tests, after which the procedure for conducting the lotteries will begin.

The lottery procedure is conducted in accordance with strict and meticulous procedures, in a computerized system, without human contact, under the management of a committee and under the supervision of a certified accountant. The calculation of the results is carried out in a closed lottery room, in the presence of the lottery committee that supervises, checks and signs the results of the lottery, upon completion of this process notices will be distributed The win for the winners.

Goldknopf: "Soon we will present the Ministry's strategic plan for the housing crisis"

Yitzhak Goldknopf, Minister of Construction and Housing: "In the coming weeks, approximately 7,037 families will receive notification of their winnings to purchase an apartment at a significant discount. The number of registrants and the demand in all cities shows that there is demand throughout the country, and therefore we are working around the clock to provide affordable housing and long-term rentals to all Israeli citizens range and increase the number of marketing all over the country. In the near future we will present the strategic plan of the office in which a variety of solutions will be detailed, which will provide an appropriate response to the great need that exists in the market, for affordable housing among young couples and families."



Yehuda Morgenstern, CEO of the Ministry of Construction and Housing: "Our goal of giving young couples in Israel a proper and stable roof continues to be realized with the winning of about 7,000 additional families.

The office works with the aim of increasing the number of marketings, transactions and construction starts in order to meet the demands.

We invest a lot of effort to promote construction starts so that any marketing that goes out will turn into a proper roof as quickly as possible."



Director of the Israel Lands Authority, Yankee Quint: "The Israel Lands Authority wishes success to all the couples and eligible persons who registered. Rami will continue to increase the supply and market land for housing as well as for the other needs of the economy and the government's goals."

  • Real estate

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Source: walla

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