US EditionGaza could be 'real estate bonanza', Israeli minister Bezalel Smotrich says
- Israeli Finance Minister Bezalel Smotrich described Gaza as a 'real estate bonanza' and said Israel and the US are negotiating how to divide the land.
- These discussions occur amid an Israeli offensive in Gaza City aiming to forcibly displace civilians to southern Gaza and demolish city buildings.
- Since October 7, 2023, Smotrich has promoted a 'humane' voluntary population transfer and envisions a singular Jewish state from the sea to the river.
- Smotrich stated the plan is developed by experienced professionals, involves substantial costs, and will financially sustain itself through real estate profits.
- Smotrich’s statements and the plan have drawn criticism from politicians, business leaders, Palestinians, and triggered declines in Israeli markets.
71 Articles
71 Articles
Israel’s far-right finance minister suggests a real estate ‘bonanza’ in Gaza will follow the war
By Lauren Izso, Tal Shalev, Nadeen Ebrahim, CNN (CNN) — Israeli finance minister Bezalel Smotrich has described Gaza as a potential real estate “bonanza” and claimed he was talking to the United States about how to divide up the war-torn enclave. Speaking at the Urban Renewal Summit in Tel Aviv on Wednesday, the far-right minister said that Israel and the US had “paid a lot of money for the war, so we need to share percentages on the land sales …
Israel’s finance minister suggests a real estate ‘bonanza’ in Gaza will follow the war
Israeli finance minister Bezalel Smotrich has described Gaza as a potential real estate “bonanza” and claimed he was talking to the United States about how to divide up the war-torn enclave.
Israel's finance minister makes plans for the post-war period: he wants to start real estate projects in the destroyed Gaza Strip. Trump is said to be involved.
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