Forecasting is for fools
The market has already priced in the expected and nobody foresees the unexpected, which is maybe why economists so often get their predictions badly wrong.
Who is buying Israeli homes?
Nationwide foreign residents account for a negligible number of purchases but in some Jerusalem neighborhoods they account for 40% of purchases.
Burst the housing bubble now
Instead of initiating another lost decade and falling home prices (prices fell 22% in real terms in 1998-2007), it would be better to slash prices all at once.
Aspirin instead of antibiotics
Vested interests will thwart Netanyahu's treatment for the sick housing market, while the real ills remain without a cure.