The real estate market in Israel is facing significant challenges, including high interest rates, declining sales, and a record stock of unsold apartments. Despite this, the major banks continue to provide substantial loans to developers, with an increase of 265 billion shekels in loans over the past 5 years, totaling 485 billion shekels. There are concerns that the market slowdown will lead to credit quality issues and economic damage. The Bank of Israel, instead of addressing price issues, has extended mortgage terms, resulting in long-term mortgages that burden borrowers. Additionally, there is a trend of mortgage securitization, which spreads risk across the financial system rather than reducing it. The current situation indicates structural problems in the market, where the public bears the economic burden while banks and developers benefit from the existing situation. There are fears that the current situation will lead to a widespread economic collapse, with the public finding itself under a heavy debt load.