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TheMarkerEconomy

Urban Renewal Projects Struggle as Major Cities Face Population Decline

Translated & summarized from TheMarker by baba

BusinessNeutral tone

Hebrew · 2 newsrooms covering

Major Israeli cities like Tel Aviv and Jerusalem are losing residents, despite urban renewal initiatives. Tel Aviv has a negative migration of 22,000 people, while Jerusalem faces a deficit of 88,000. Other cities such as Netanya, Be'er Sheva, and Bat Yam are also experiencing population decline. This trend contradicts the goals of urban renewal projects which aim to expand city populations.

The story in 4 lines · by baba

  • Tel Aviv is losing 22,000 residents, while Jerusalem has a deficit of 88,000, according to Amit Gottlieb.
  • Major Israeli cities are experiencing negative migration, contrary to urban renewal goals.
  • Netanya, Be'er Sheva, and Bat Yam are also seeing population decline.
  • Yaki Reisner criticized the state's housing initiatives compared to private companies.

Major Israeli cities are experiencing negative migration, contrary to the expectations of urban renewal projects, according to Amit Gottlieb, Chairman of the Contractors Association for the Tel Aviv District and Center. Gottlieb stated at a conference in Eilat that while urban renewal aims to expand cities, Tel Aviv has a negative migration balance of 22,000 people, with residents moving to other cities. He also noted that Jerusalem has a deficit of 88,000 people who can no longer live in the city for various reasons, and that Netanya, Be'er Sheva, and Bat Yam are also experiencing negative migration.

Yaki Reisner, owner of Reisdor, commented that the government could achieve in three months what the "Dire La'Haschir" company has not accomplished in ten years, implying a need for more effective state intervention in housing solutions.

TheMarkerOther · Tel Aviv

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Full coverage · 2 outlets
First: TheMarker · Nov 5

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