The Israel Affordable Housing Center at Tel Aviv University launches a first-of-its-kind Affordable Housing Index
The 'Price for the Dweller' program (Mechir Lamishtaken) does not create affordable housing in high-demand areas and in most of Israel's big cities
Of Israel's 14 large cities, Ashkelon, Haifa & Beersheba are the only ones where the program offers prices affordable for middle-income households
40% of the apartments marketed today through the government's 'Price for the Dweller' (Mechir Lamishtaken) program are offered at prices unaffordable for middle to low income households
"When the level of income is not taken into account, there is no way of ensuring that the apartments will ultimately be owned by the program's target population, rather than high-income populations."