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Rising minister takes on Israel's surging home prices

Finance Minister designate Moshe Kahlon may cut real estate tax benefits, disband land authority
Thursday, March 26, 2015 - 05:50

Jerusalem

MOSHE Kahlon, who has been designated to become Israel's next finance minister, has promised to rein in surging home prices the same way that he slashed mobile phone service fees as communications minister.

It will not be that easy, said Ben-Zion Zilberfarb, a former