Protecting Mortgage Holders
Author: Gilat Benchetrit
August 31, 2008
Dr. Gilat Benchetrit deals with the issue of home owners from the “weaker” socio-economic classes, specifically mortgage holders, who are unable to meet their mortgage payments and face foreclosure or eviction.
Until recently, this has been a rare phenomenon in Israeli society and appropriate methods for dealing with this have not developed. Dr. Benchetrit suggests a direction for solving this problem: to insure mortgage holders, with the State’s guarantee, to protect them against foreclosure, eviction and continuing debt.
The study presented in this pamphlet is accompanied by a discussion from an expert meeting of housing specialists in Israel. Their responses point to the many facets of this issue as well as additional questions that will need a response regarding the involvement of the State in the area of housing.
This paper is available in Hebrew only.