Israel: Netanyahu's Ally Calls Gaza "Real Estate Bonanza" Amid IDF Strikes | Spotlight | N18G
Israel: Netanyahu's Ally Calls Gaza "Real Estate Bonanza" Amid IDF Strikes | Spotlight | N18GIsrael's Finance Minister Bezalel Smotrich, a close ally of Prime Minister Benjamin Netanyahu, has ignited outrage by describing Gaza as a "real estate bonanza," claiming a redevelopment plan is already on US President Donald Trump's desk. Smotrich argued that Israel has finished the "demolition phase" of the war and now must rebuild Gaza for profit-sharing with the US. His comments come as Israeli airstrikes intensify, with local authorities reporting 1,700 high-rises destroyed in Gaza City since August 6, leaving more than 100,000 people homeless. The United Nations estimates 92% of Gaza’s homes have been damaged or destroyed, with nearly 50 million tonnes of rubble creating an environmental catastrophe. Critics say Smotrich’s remarks echo Trump and Netanyahu’s earlier vision of turning Gaza into the “Riviera of the Middle East,” ignoring the vast humanitarian crisis unfolding in the enclave.
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