Elkin: Yerushalayim Needs 100K New Apartments Over Next 20 Years

Yerushalayim Affairs Minister and mayoral candidate Zeev Elkin presented his plan to rehabilitate Yerushalayim in a meeting with journalists on Monday.

According to Elkin, a lack of building has led skyrocketing housing prices in the capital, forcing young couples to abandon the city. Elkin said that Yerushalayim needs a massive construction boom in order to rectify the situation, a figure he said can only be met by eliminating bureaucracy.

“Yerushalayim needs another 100,000 housing units within 20 years, every year about 5,000 housing units” said Elkin.

“There is no other city in the State of Israel that has a bureaucracy about planning and building like Yerushalayim – it is unnecessary, bureaucratic procedures must be simplified, and some of the stages should be abandoned.”

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Read more at Arutz Sheva.

{Matzav.com}