Israel's Housing Crisis, a Decade After Its 'Tent Revolution'

After coronavirus lockdown restrictions, some city-dwellers are leaving for homes in the countryside - AFP
After coronavirus lockdown restrictions, some city-dwellers are leaving for homes in the countryside - AFP
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Israel's Housing Crisis, a Decade After Its 'Tent Revolution'

After coronavirus lockdown restrictions, some city-dwellers are leaving for homes in the countryside - AFP
After coronavirus lockdown restrictions, some city-dwellers are leaving for homes in the countryside - AFP

Ten years since protests against the cost of living rocked Israel, affordable housing remains just as scarce, even prompting some city-dwellers to seek cheaper living on a rural kibbutz.

The 2011 "tent revolution" saw young Israelis furious at sharp rises in rents erect shelters on the upmarket Rothschild Boulevard in the heart of Tel Aviv.

Thousands of protesters soon took to the streets across Israel, shouting slogans demanding social justice.

Such widespread social upheaval had not been seen in Israel since the early 1970s, when thousands of people, led by a group called the Black Panthers, campaigned against racial discrimination suffered by Mizrahi Jews of Middle Eastern descent.

But many of the demands of the tent revolution remain a dream.

"Since then, prices have continued to increase," said Stav Shaffir, a figurehead of the 2011 protests.

"Social housing -- important in the 1960s and 1970s -- has been cut back so that almost everyone is tied to the private market," Shaffir told AFP.

The private housing market is largely unregulated in Israel.

Shaffir, who was later elected to parliament, introduced the "fair rental law", passed in 2017 to strengthen tenants' rights.

Property must now be in "good condition and the repairs are done at the expense of the owners... who can no longer evict the tenants as quickly as before," said the 35-year-old activist, who heads Israel's Green Party.

But the law has had limited impact on rent prices, which are not capped in Israel, said Danny Ben-Shahar, director of the Alrov Institute for Real Estate Research, at Tel Aviv University.

Low borrowing rates coupled with population growth -- in a country with both high birth and immigration rates -- means demand for apartments outstrips supply.

The result is a "drastic" increase in house prices, which has a knock-on impact on rents, Ben-Shahar said.

"Housing is still a major concern," he added.

The problem is especially acute in Tel Aviv.

The Mediterranean city is ranked as the fifth most expensive city in the world in The Economist magazine's latest cost-of-living report -- ahead of New York and Geneva.

"To buy a four-room apartment costs on average three million shekels ($920,0000) in Tel Aviv, and 1.7 million shekels elsewhere ($520,000)", he said.

Such costs price out all but the wealthy.

For rent, the average price of a studio in Tel Aviv is 3,300 shekels (about $1,000), double that of the northern port of Haifa, said Tal Kopel, vice president at Madlan, a leading real estate site.

In addition, property tax can add hundreds more shekels per month.

An AFP journalist who recently visited several two-room apartments in central Tel Aviv found rents of around 6,000 shekels ($1,840), including taxes.

But the dramatic impact of the Covid-19 pandemic has prompted a downward correction in rent prices.

After years on the up, prices slumped 15 percent last May, according to the Bank of Israel, although prices have since picked up again.

While demand for small apartments for singles and couples remains strong, some families are moving out.



At Least 52 Dead after Helene's Deadly March Across Southeastern US

John Taylor puts up an American flag on his destroyed property in the aftermath of Hurricane Helene, in Horseshoe Beach, Fla., Saturday, Sept. 28, 2024. (AP Photo/Gerald Herbert)
John Taylor puts up an American flag on his destroyed property in the aftermath of Hurricane Helene, in Horseshoe Beach, Fla., Saturday, Sept. 28, 2024. (AP Photo/Gerald Herbert)
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At Least 52 Dead after Helene's Deadly March Across Southeastern US

John Taylor puts up an American flag on his destroyed property in the aftermath of Hurricane Helene, in Horseshoe Beach, Fla., Saturday, Sept. 28, 2024. (AP Photo/Gerald Herbert)
John Taylor puts up an American flag on his destroyed property in the aftermath of Hurricane Helene, in Horseshoe Beach, Fla., Saturday, Sept. 28, 2024. (AP Photo/Gerald Herbert)

Hurricane Helene caused at least 52 deaths and billions of dollars of destruction across a wide swath of the southeastern US as it raced through, and more than 3 million customers went into the weekend without any power and for some a continued threat of floods.

Helene blew ashore in Florida's Big Bend region as a Category 4 hurricane late Thursday packing winds of 140 mph (225 kph) and then quickly moved through Georgia, the Carolinas and Tennessee, uprooting trees, splintering homes and sending creeks and rivers over their banks and straining dams.

Western North Carolina was essentially cut off because of landslides and flooding that forced the closure of Interstate 40 and other roads. Video shows sections of Asheville underwater.
There were hundreds of water rescues, none more dramatic than in rural Unicoi County in East Tennessee, where dozens of patients and staff were plucked by helicopter from the roof of a hospital that was surrounded by water from a flooded river.
The storm, now a post-tropical cyclone, was expected to hover over the Tennessee Valley on Saturday and Sunday, the National Hurricane Center said. Several flood and flash flood warnings remained in effect in parts of the southern and central Appalachians, while high wind warnings also covered parts of Tennessee and Ohio.
At least 48 people have been killed in the storm; among them were three firefighters, a woman and her one-month-old twins, and an 89-year-old woman whose house was struck by a falling tree. According to an Associated Press tally, the deaths occurred in Florida, Georgia, North Carolina, South Carolina and Virginia.

Moody’s Analytics said it expects $15 billion to $26 billion in property damage.