Israeli Minister Smotrich Calls Gaza "Real Estate Bonanza" Amid Talks With US
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Israeli Minister Smotrich Calls Gaza "Real Estate Bonanza" Amid Talks With US
"We paid a lot of money for the war, so we need to decide how to divide the percentages of the land in Gaza. The demolition phase is always the first phase of urban renewal. We did that, now we need to start building,"
"The Gaza Strip is becoming a real estate bonanza,"
"Israel has "already begun negotiations with the Americans" on a "business plan" to make Gaza, home to 2.2 million Palestinians, into a real estate investment. The plan is on President Donald Trump's desk, he claims."
Bezalel Smotrich promoted converting Gaza into a real-estate opportunity, calling the territory a "real estate bonanza" and claiming negotiations with the United States on a business plan. He framed recent destruction as the demolition phase of urban renewal and argued that reconstruction should follow with decisions about dividing land percentages. Smotrich asserted that the financial cost of the war justifies land division and said the effort "pays for itself." A U.S. proposal called the Gaza Reconstitution, Economic Acceleration and Transformation Trust (GREAT Trust) contemplates relocating or expelling Gaza's population.
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