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The Minister of Construction and Housing announced the establishment of a housing cabinet: "This year we will reach a number of apartments that have not yet been in Israel" | Israel today

2023-01-25T12:45:27.261Z


Yitzhak Goldknopf said at a meeting of CEOs, which was held on the initiative of "Real Media", that the government will approve the establishment of the cabinet on Sunday: "The goal - to remove barriers" • The minister also announced that in a few weeks a plan to promote long-term rental will be published


This coming Sunday, after the cabinet meeting, the Housing Cabinet will be established with the aim of bringing together all the strategic issues related to housing under one roof, announced today (Wednesday) the Minister of Construction and Housing Yitzhak Goldknopf at a special meeting of CEOs held at the initiative of "Real Estate Media" under the guidance of the editor-in-chief of Real Estate , Ofer Petersburg.

"The goal of the housing cabinet is to remove barriers," said Minister Goldknopf.

"This is part of the work that needs to start building. I discovered that there is a barrier that I did not recognize - mayors who are not interested in promoting construction. I am asking you, please lend a hand, I want to build for the citizens of Israel, the soldiers of the IDF, for disabled and broken people, these are our brothers.

I will take care of incentives for you but don't be a barrier.

"I estimate that more housing units will be built this year than in previous years. Long-term rental is also part of the solution and we have grandiose plans that include investments from Israel and abroad that want to enter this field.

We are working and working on a special program that will be good for contractors, entrepreneurs and investors so that we can provide many apartments for rent as well, as an agenda that every person in Israel will have a roof over their heads.

In a few weeks we will present the full program."

Construction of apartments.

Beer Sheva,

The minister noted that "this week we issued 6,500 apartments at a target price that received a discount and the ministry is working on issuing thousands more apartments that will receive a discount. We will continue with this doubling and reach a number of apartments this year that has not yet been in Israel. Together with my partners who have already put the points on the map, with some of them already Agreements were agreed upon. We are coming to bring salvation to all of Israel and we will make every effort wherever possible to erect buildings and apartments. I have come to be a minister equal to everyone in Israel."

The event was attended by, among others, the CEO of the Israel Land Authority Yankee Quint, partner and manager of the Foundations Fund, Yaakov Siso, the owner of 'Paz Erez Economics and Engineering', the appraiser and economist Daniela Paz-Eraz and mayors from the north to the south. The minister also announced at the meeting that he expects that the scope Marketing will cost even more than last year.

The establishment of the housing cabinet will be approved at the next cabinet meeting, photo: Kobi Gideon, Deputy Prime Minister

According to Daniela Paz-Erez, in the last six months, fewer real estate companies are approaching tenders for housing for rent, due to a high interest rate environment. "Tenders for rent and flats in this segment are closed at lower prices than similar tenders for rent that were closed about a year ago," said Paz- cedar.

"These projects require a favorable interest rate environment. When the interest rate was low, it brought the entrepreneurs to the tenders. Today, these yields today do not meet the financing capacity that was before, and therefore we see that the last marketings that came out closed at half the price they closed about six months ago. Other countries provide interest protection The long term. This is how Israel should behave as well, giving a state guarantee and financing at a low interest rate or protecting the interest rate."

Siso read from a regular program how housing prices can be lowered, and emphasized, among other things, the importance of increasing public housing.

"When I was little, most of the apartments in Dimona belonged to Amidar. Today there are no such apartments at all. They sold them and did not increase the inventory back," he said.

"In development and peripheral areas where the land rights are of low value, the government will be able to subsidize part of the price of the land or development and receive apartments from the developer in return. With this method, the state does not give up its rights but increases and you can decide what it does with the apartments it receives. Whether to manage the apartments through an apartment for rent, offer to the populations Weaknesses at a reduced price, cooperate with REIT funds, or sell the apartments to disadvantaged populations. The proposed marketing method will renew the stock of public apartments."  

Long-term rental project in Ramat Hasharon (archive).

A new program will be published soon, photo: Gal Pali

The Director General of the Israel Land Authority Yankee Quint, who commented on his words, said on this subject, "I agree with regard to public housing, to do a combination deal through the land in a combination deal.

This was my opinion in the past." Yanki also said, "Ultimately, the amounts that the state brings in from RMI tenders should be used for economic policy. The state can influence the rental market, can influence public housing and urban renewal where there is no economic viability. There is an argument with the Treasury on this subject. We think we should use the land rewards, and today we are constantly reducing our room for maneuver."

In response to the claims of those present that the rewards from the RMI tenders should be transferred to the authorities, the Minister of Construction and Housing said: "We agreed to transfer NIS 30,000 from each unit in the city to the local authority, but the Treasury is opposed.

We have a war on this issue."

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Source: israelhayom

All news articles on 2023-01-25

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