Bloomberg News

Bank of Israel Suggests Designating Land for Rental Construction

October 02, 2011

Oct. 2 (Bloomberg) -- The Bank of Israel recommends designating some land in urban construction programs for building rental housing in order to help increase their supply, according to an e-mailed report. The central bank also said rental subsidies have eroded and recommended updating them.

To contact the reporter on this story: Alisa Odenheimer in Jerusalem at aodenheimer@bloomberg.net

To contact the editor responsible for this story: Calev Ben-David at cbendavid@bloomberg.net


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