"The rise in housing prices is not my problem but Israel's problem," Minister of Finance Moshe Kahlon told Radio 103FM this morning. Kahlon was referring to last week's Home Price Index published last Wednesday by the Central Bureau of Statistics that housing prices in Israel rose 0.9% in May-June, wiping out the price falls of the previous months. Kahlon said, "Whoever thinks that a problem in the country is Moshe Kahlon's problem and that we'll show him that he is not some sort of Rambo is making a mistake. It's nonsense. I'm only in this position on a temporary basis whereas Israel will stay here forever." Published by Globes [online], Israel business news - www.globes-online.com - on August 19, 2018 © Copyright of Globes Publisher Itonut (1983) Ltd. 2018