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You are here News International World Bank says West Bank land prices rocketing

World Bank says West Bank land prices rocketing

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The price of property in the West Bank is rocketing beyond the reach of most local businesses and home buyers, pushed up by a weak dollar and Israeli control of large chunks of the territory, a World Bank report said Thursday.

Israel, citing the need to prevent Palestinian attacks inside Israel and on Jewish settlers in the West Bank, has kept large swaths of Palestinian land and roads off limits to Palestinians.

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