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"Buying a house in Israel is a dream for us" | Israel today

2022-04-16T21:00:43.696Z


Prices in the housing market have risen by 15% and young people feel it well • Noy and Aviam Bokobza from Rehovot: "Apartments are disproportionately expensive"


This is what the plight of young couples looks like: Noy and Aviam Bokobza have been living on the streets for about two years.

Noy is 29 years old and Aviam is 30, and they are young parents to Tamar, who is 9 months old.

Aviam is a mechanical engineer at Applied Materials in the Rehovot Science Park, and Noy is the systems and media coordinator at the Aluma Association's achievement program.

Noy told Israel Today: "We have been registered for a 'price per occupant' for about a year and a half. So far we have signed up for many lotteries, in different cities, even those we were not sure we would live in, to increase the chances. The apartments are disproportionately expensive Himself and of course without him. "

The Bokobza family from Rehovot,

Bokobza added: "We feel that buying a day home in Israel is a dream. Signing up for a price per occupant was also a serious concern, because even if we won - who said we could afford it? It does not make sense that all young couples and parents in Israel feel unable to finish the month. "And of course the desire to buy an apartment and not pay in vain for many years for rent remains a good will. Something must change. What's more, even renting a three-room apartment at today's prices is extremely tough."

An increase in the input index

Housing prices have risen by 15.2% in the past year, the Central Bureau of Statistics announced on Tuesday.

Comparing the prices of transactions made in January-February 2022 compared to the prices of transactions made in December-2021 January 2022, apartment prices rose by 1.8%, thus completing an increase of 15.2% compared to the corresponding period last year (January-2021 February 2021).

It should be noted that the housing price index does not include the month of March, during which an all-time record in the volume of mortgages was recorded (NIS 13.4 billion).

In other words, it is to be expected that the annual rate of increase in housing prices will not stop at an alarming level of more than 15%, but will even rise beyond that.

March rose 0.6%

The Central Bureau of Statistics reported over the weekend that the price index of residential construction inputs rose by 1.0% in March 2022. Since the beginning of the year, the price index of residential construction inputs has risen by 2.3%, and in the last 12 months (March 2022 vs. March 2021) Residential construction at 6.6%.

Another figure published by the CBS - and which should worry decision-makers - is the consumer price index, which rose by 0.6% in March 2022. Since the beginning of the year, the consumer price index has risen by 1.5%, and in the last 12 months - March 2022 compared to March 2021 - The consumer price index rose by 3.5%.

Significant price increases were recorded in the field of clothing and footwear, which rose by 4.6%;

Culture and entertainment, which rose by 2.1%;

And transportation, which rose by 1.6%.

A significant decrease in prices was recorded in the fresh vegetable and fruit sections, which fell by 2.5%.

The president of the Builders' Association of Builders, Raul Srugo, said in response to the publication of the indices: "The continued jump in the housing price index - and with it the jump in the construction input index - indicates the depth of the crisis in the construction and infrastructure industry. "Immediate government and a comprehensive, unconventional plan. If not - 2022 will be remembered as one of the most difficult years in the housing market in Israel."

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Source: israelhayom

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