The housing crisis: it’s time for a national emergency plan

[:he]Instead of punishing the citizens by hurting demand, the state should stop submitting to the bureaucracy it itself created and instead flood the market with land available for immediate construction. How do you do it? First of all with the help of emergency regulations and the mobilization of the private sector. Yair Levy outlines an emergency plan to solve the housing crisis loop=0&rel=0&showinfo=0&theme=light&disablekb=1″ width=”100%” height=”290″ frameborder=”0″ allowfullscreen=”allowfullscreen”> Price per resident, price Matra, a tax on a third apartment and the tightening of conditions for obtaining mortgages are like putting a band-aid on a human wound. In the state of the economy today, there is only one choice left and that is: announcing a national emergency plan for housing. Since all the land thawing processes are in the hands of the government, the first step should be the announcement of emergency regulations for all planning and construction processes for a period of at least 5 years. In this framework, everyone who submits an objection to construction plans must be required to provide a financial guarantee. After all, today, anyone can actually delay a plan to build thousands of housing units, just because of problems of light and shadow, for example. Second, the licensing processes must be shortened by mobilizing the private sector where possible, for example, allowing old and experienced private offices, and not just the local authority, to approve the construction of buildings from a constructive point of view. And thirdly, to implement in advance in the existing city building plans all the possible reliefs, and not to give the committees the authority to discuss the requests of entrepreneurs for further changes, since any request for an exception only follows the start of construction. And alongside this, establish a special court for real estate matters, with extensive powers, that will discuss and approve district plans in a quick procedure. Only a flood of land available for construction will stop the rise in prices, so instead of punishing the citizens by harming demand, the state should stop submitting to the bureaucracy that is itself created, and instead will concentrate its efforts on a real solution.[:]