Labour cost

“In my view, this is a necessary and important step to lower house prices”

Benjamin Netanhayu

Benjamin Netanyahu

Benjamin Netanyahu, Israel’s prime minister, speaks to the media about a controversial proposal to bring 20,000 Chinese construction workers into the country to build apartments. Critics have said it would take away jobs from working class Israelis and looks like exploitative nineteenth century “indentured labour”. Netanyahu responded that it would increase housing supply, but conceded “as with every step, there are always side-costs”.

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