 The Palestinian Investment Fund says it plans to build 30,000 affordable apartments in the West Bank and Gaza to ease a growing housing crunch.
| If they'd quit shooting Kassams at Sderot, perhaps they wouldn't have their current housing flattened so frequently ... |
An official in the fund said Saturday that the project will cost more than $2 billion, and that private investors will be involved. The official spoke on condition of anonymity because a formal announcement will only be made Monday. The official added that a mortgage company would be established as part of the project.
So the Paleos, without any tradition of actually doing this stuff, let along doing much of anything constructive, are going to 1) create a mortgage industry 2) plan an urban housing development 3) get private investors to go in on this and 4) build 30,000 high quality but affordable apartments.
Hell, if they can do that bring them to Baltimore ... |
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