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Originally published by Capital News
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September 18, 2025
11h ago

Israeli minister touts Gaza ‘real estate bonanza’, defying international backlash

Israeli minister touts Gaza ‘real estate bonanza’, defying international backlash

"We paid a lot of money for this war," said Smotrich. "So we need to divide how we make a percentage on the land marketing later - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

Israel’s far-right finance minister Bezalel Smotrich has again promoted the idea of Gaza as a "real estate bonanza," stating he is in talks with the US about dividing the territory after the war, despite previous international condemnation.

  • The plan, which Smotrich claimed was on President Trump’s table, involves the forced displacement of Palestinians, a violation of international law.
  • The UN estimates that 92% of housing units in Gaza have been damaged or destroyed, and reconstruction would cost an estimated $53.2 billion US dollars over the next 10 years.
  • Smotrich suggested, "We need to divide how we make a percentage on the land marketing later," following the destruction caused by Israel's military campaign.

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