Sunday, June 20, 2010
Building Permitting Reform Stalled
Netanyahu spoke against the bureacratic obstacles to build in Israel and one level of the three-levelled permitting system was to be eliminated. That was a year ago and nothing is happening. Maybe there are bureaucratic obstacles to improve bureacracy. Since many contractors and developers and regulators are being investigated by the police for irregularities, the system has became frozen and impassable. Since people didnt stop being born, marrying and having children, the demand for housing has grown and prices have increased to absurd levels. A three-room second hand apartment in Kever Benjamin costs about 1.6 million shekels, that is about 450,000 US dollars. Triple than three years ago.