Will we finally have a stable government that can make important decisions for the housing industry?
We will know in a few days
Demand is growing and prices are climbing
Photo:
Envato Elerments
Produced by the Department of Special Supplements
The election is imminent, and everyone is waiting to see if there will finally be a stable government over the years, capable of making operational decisions in favor of the State of Israel, or whether we will once again enter the sagas of rotations and transitional governments.
This situation has an impact on the largest market in Israel - the housing and infrastructure market.
For a year and a half, the market has been operating with uncertainty.
There are no workers in the construction of apartments, there is no mechanism that allows land to be thawed for construction and a permit issuer.
The number of tenders has dropped dramatically, and the need to build thousands of apartments and infrastructure for the growing population in the State of Israel has no solution.
The supply of apartments is declining.
Demand is growing and prices are climbing.
In the past year we have witnessed a 4% rise in housing prices.
If this trend continues, there will be no apartments and prices will go up.
Add to that the reduction in purchase tax for investors, a decrease in the percentage of interest rates on mortgages and we get a bubbling market.
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In order to address these issues, the management of the housing market must be removed from the housing director, an operational administrative unit established with professionals in the field, who will establish an oiled operative mechanism, which will dramatically shorten bureaucracy and land thaw procedures, oversee tenders and market them. The set of things that hinder the construction of thousands of housing units.
Among the factors hindering, of course, the regulation of the Ministry of Finance, which should free the State of Israel from the delusional thesis that Israelis will come to work in the construction industry.
Bringing in many workers and releasing the barriers mentioned will shatter the glass ceiling, lead to the employment of thousands of Israeli workers, who work in industries supported in the construction industry, and propel the economy to heights and limitless economic growth.
In the coalition agreements that will be formed in the formation of the new government, a manager / minister is needed who will hold the knife between his teeth, take over the industry and take responsibility for all the accompanying things.
That way we can get out of the housing crisis.
The State of Israel needs an operational housing cabinet and a senior logistics manager to lead the industry.
Produced by the Department of Special Supplements
