STATS SHOW JERUSALEM IS BEING ABANDONED:
Posted on
Central Bureau of Statistics figures released this week show that in 2014, Jerusalem led the country in negative migration. The 2014 statistics are from well before the beginning of the recent Arab terror wave that began in Sept. 2015, which has largely centered on the capital city in addition to Judea & Samaria. Jerusalem in 2014 recorded a staggering loss of 6,740 residents. In a troubling caveat, most of those leaving were young – aged 15-29. This feature of young Israelis leaving Jerusalem may indicate the housing crisis has been a key factor, as young couples simply cannot afford the steep costs of the capital, where a construction freeze has limited building in neighborhoods over the 1949 Armistice lines and consequently ratcheted up prices. On Mon. 22 Feb. 2016, signs of a long awaited drop in housing prices were reported by the Bank of Israel, but it remains to be seen if the housing crisis in Jerusalem will be mitigated as construction remains stagnant in much of the city. (INN) Intercede for major breakthroughs and provision to be made for all age and income groups seeking housing in and around Jerusalem.