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Rental Housing Possible Solution to Soaring Price of Apartments

May 2, 1972
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Israel’s urgent housing problem and the prevailing atmosphere against immigration were the major problems discussed at a week-end meeting of the Labor Zionist Movement Secretariate. Louis Pincus, chairman of the Jewish Agency Executive, said the construction of more rental housing might be the solution to the soaring price of flats in Israel and suggested an international conference of Jewish economic bodies to consider it.

Pincus said a thorough study should be made of the feasibility of building housing for rent. Pincus and Itzhak Korn, secretary general of the Labor Movement, agreed that the anti-aliya atmosphere posed a serious threat that could undermine immigration and proposed an education campaign to reverse the trend.

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