Skip to main content

Israeli Settlement in Occupied Territories and its Impact on Housing Prices in Israel

Buy Article:

$51.00 plus tax (Refund Policy)

The real price of housing in Israel rose 132 percent from 1959 through 1988. This paper investigates the factors standing behind the temporal movement of the real price of housing. Special emphasise is given to the role of government policies that encouraged settlement in occupied territories. A static model of the housing market is formulated and estimated, which takes into account the interrelation between the housing market in Israel proper and the emerging market in the occupied territories. In addition to confirming the role of demand shifters in accounting for the increase in real housing prices, it is found that settlement in occupied territories was an important moderating factor. According to our estimates, settlement in occupied territories accounts for a moderation of 1 percent in the annual rate of price appreciation during the Labor government, and 2.4 percent during the Likud government. These figures are in line with our expectations in view of the different policies pursued by the rival governments.
No References
No Citations
No Supplementary Data
No Data/Media
No Metrics

Document Type: Original Article

Affiliations: Department of Economics, Bar-Ilan University, 52900 Ramat-Gan, Israel, and Hong Kong University of Science and Technology, Hong Kong, E-mail ALPERG@ASHUR.CC.BIU.AC.IL

Publication date: 1997-02-01

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more