The World Bank routinely condemns Israel for the stagnating Palestinian economy. This time, Jews are also responsible for the boom. Under the Israeli oppression, real estate prices in the West Bank are booming. Some would say that’s a sign of a rich economy, but the World Bank pays no heed to the free market. Instead, the bank laments that the high prices are out of the reach of most Palestinians. Oddly, the World Bank doesn’t condemn the US because real estate is so expensive in Manhattan.
In the World Bank’s opinion, the elders of Zion push real estate prices up in the West Bank by building roads there and closing off large areas. Obviously, the bank’s analysts have never been to the West Bank, where huge areas under Palestinian occupation are empty. The story is still worse for the refugee camps: Palestinian leadership purposely keeps them shut, causing major overcrowding there. For example, refugee camps just outside of Schem, under the complete Palestinian authority, have a population density five times that of Schem.