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In a Country of Top Scientists, No One Can Fix Housing Market

By Tony Seruga

Israeli politician, a popular former Likud minister and head the Kulanu party, Moshe Kahlon, right, greets supporters during a visit to a market. Photographer: Gil Cohen Magen/AFP via Getty Images

Photographer: Gil Cohen Magen/AFP via Getty Images

Kahlon may lack political oxygen to build enough houses
Low interest rate undercutting efforts to drive down prices

Israelis invented advanced missile interceptors and some of the world’s top treatments for cancer. Yet when it comes to the mundane task of building affordable housing, this nation of scientists and software engineers hasn’t quite cracked the code.

Finance Minister Moshe Kahlon’s political future may rest on whether he can do just that…

In a Country of Top Scientists, No One Can Fix Housing Market

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