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Rent Increases Go into Effect in Israel; Some Up to 140 Per Cent

September 5, 1962
See Original Daily Bulletin From This Date

Rent increases, decreed by the Government last summer, went into effect here today, ranging up to a rise of 140 percent on some apartments owned by private persons.

The higher rents on government-owned property will be in effect only until next April 1, according to the decree. The increases range from 10 pounds to 19 pounds ($3.33 to $6.33), depending on the size of the flats.

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