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Jerusalem Post/Business & Innovation/B&I Opinion

'Economic hell': High prices push Israelis to poverty, exile - opinion

Unlike the US or Canada, where there is abundant affordable property for rentals, Israel is overcrowded and expensive. Over the last 15 years, the price of homes in Israel went up by 8% annually.

 A man looks at a festive table as it is lifted above the ground as part of an installation titled ‘The Unreachable Meal’ organized by Latet, a charity established to help fight poverty in Israel, at Rabin Square in Tel Aviv.
A man looks at a festive table as it is lifted above the ground as part of an installation titled ‘The Unreachable Meal’ organized by Latet, a charity established to help fight poverty in Israel, at Rabin Square in Tel Aviv.
(photo credit: AMIR COHEN/REUTERS)
BySHOSHANA TITA
APRIL 28, 2023 23:21
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See more on

economy|
cost of living in israel|
israel housing prices|
poverty in israel|
housing prices


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