How Tel Aviv Became the Most Expensive City on Earth

According to a ranking recently issued by the Economist, Tel Aviv is the world’s most expensive city, ahead of New York, Paris, and Berlin. There are many reasons for this, writes Gad Lior, but the most important is also the simplest:

Tel Aviv was not planned to be the heart of a metropolis, numbering almost five million people, from Netanya to Gedera. Tel Aviv itself is actually a small city, with only 400,000 inhabitants, whose land reserves are running out. So it is no wonder that a three-room apartment in Tel Aviv is rented out for 8,000 shekels, [about $2,500], and in Berlin, a similar apartment will be rented out for 600 euros [about $680]—and rent cannot be hiked up beyond a limited rate stipulated by law, while no such law exists in Israel.

Most of all, the most expensive city in the world suffers from an inaccessibility problem. There are no trains from some of the nearby cities, no subway, not even a light rail. So almost everyone commutes from morning to night in private vehicles to . . . Tel Aviv. And fuel costs money, and traffic jams too.

And since this is the leading city in Israel, the owner of a clothing store admitted that “in Tel Aviv, they will pay me for a suit exactly three times more than in Afula.” . . . For a larger selection, with more prestigious products, in a store that pays much more in property taxes than in Afula—the price will be much greater.

The huge tax burden that falls on the business sector causes some of the costs and it’s not going to get any better in the foreseeable future. Add to this the strengthening of the shekel against the dollar as it has become the world’s hottest currency in recent months.

Read more at Ynet

More about: Israeli economy, Tel Aviv

The Mass Expulsion of Palestinians Is No Solution. Neither Are Any of the Usual Plans for Gaza

Examining the Trump administration’s proposals for the people of Gaza, Danielle Pletka writes:

I do not believe that the forced cleansing of Gaza—a repetition of what every Arab country did to the hundreds of thousands of Arab Jews in 1948— is a “solution.” I don’t think Donald Trump views that as a permanent solution either (read his statement), though I could be wrong. My take is that he believes Gaza must be rebuilt under new management, with only those who wish to live there resettling the land.

The time has long since come for us to recognize that the establishment doesn’t have the faintest clue what to do about Gaza. Egypt doesn’t want it. Jordan doesn’t want it. Iran wants it, but only as cannon fodder. The UN wants it, but only to further its anti-Semitic agenda and continue milking cash from the West. Jordanians, Lebanese, and Syrians blame Palestinians for destroying their countries.

Negotiations with Hamas have not worked. Efforts to subsume Gaza under the Palestinian Authority have not worked. Rebuilding has not worked. Destruction will not work. A “two-state solution” has not arrived, and will not work.

So what’s to be done? If you live in Washington, New York, London, Paris, or Berlin, your view is that the same answers should definitely be tried again, but this time we mean it. This time will be different. . . . What could possibly make you believe this other than ideological laziness?

Read more at What the Hell Is Going On?

More about: Donald Trump, Gaza Strip, Palestinians