Story perspectives
Israeli Minister Calls Gaza 'Real Estate Bonanza' Amid Crisis
9/19/2025
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Smotrich Exploits Gaza
- Israeli Finance Minister Bezalel Smotrich referred to Gaza as a potential "real estate bonanza" amid international criticism, discussing territory division with the US post-war.
- The UN reported that 92% of housing units in Gaza are damaged, with reconstruction costs estimated at $53.2 billion over ten years.
- The US vetoed a UN resolution for a ceasefire and aid access in Gaza, marking its sixth veto during the conflict.
- The humanitarian crisis escalates as Israeli military operations continue, with hospitals nearing collapse and confirmed famine in Gaza.
- Over 65,000 Palestinians have died since the war began following a Hamas attack on October 7, 2023, with significant civilian casualties.
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