In-depth study points to the time bomb of Haredi society
A new in-depth study, presented in the book 'Marrying Off the Children', reveals a decline in homeownership rates in the Haredi sector. Dr. Eitan Regev explains that rising housing prices and interest rates have changed the traditional economic model, and 70% of young couples understand they will have to live in rental housing. The headline uses the metaphor 'time bomb' to describe a gradual process.
A new in-depth study, presented in the book 'Marrying Off the Children: Three Generations of Haredim in the Housing Market', points to a significant change in the economic model of Haredi society. Dr. Eitan Regev, Vice President of Research at the Institute for Haredi Strategy and Policy, explains that for the first time in many years, there is a decline in homeownership rates in the Haredi sector. The traditional model, in which parents purchased an apartment for the young couple shortly after marriage, has cracked due to rising housing prices and interest rates. According to surveys, 70% of young Haredi couples understand they will have to live in rental housing. Regev estimates that government programs can slow but not stop the trend, and asks whether there will be a lost generation or two of Haredim who want to work but will suffer from low human capital. The headline uses a dramatic metaphor ('time bomb') to describe a gradual process.