This podcast interviews Yaron Zelicha, Head of the School of Economic Accounting and Finance, about the causes of Israel's rising housing prices and broader economic challenges. Zelicha argues that flawed government policies, including ineffective tax structures favoring large corporations and restrictive trade practices, are the primary drivers, not factors like the growth of the tech sector. He cites examples of failed government infrastructure projects and the unintended consequences of tax policies on consumer prices. A key takeaway is his assertion that artificially inflated demand, fueled by fear and speculation, significantly contributes to the housing crisis. Listeners gain insight into the complex interplay of economic policies and their impact on everyday life in Israel.
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