It now takes 141 months of pay to afford an average apartment in Israel, up from 103 in 2008. Photo: AP

Israeli Finance Minister faces uphill battle to curb home prices

Moshe Kahlon plans to increase supply and cool demand by raising taxes on investment housing but the private sector is sceptical

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It now takes 141 months of pay to afford an average apartment in Israel, up from 103 in 2008. Photo: AP
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