Professor Yaron Zelecha, who served as the Controller General at the Ministry of Finance from 2003 to 2007, claims that these five years were the only ones during which apartment prices in Israel fell. However, a thorough examination reveals that this claim is inaccurate. In fact, the apartment price index recorded declines during the years preceding his term, between 1999 and 2002. Additionally, during Zelecha's term, price increases were also recorded in 2005 and 2007, so ultimately, the apartment price index rose by 0.8% during his tenure. According to data from the Central Bureau of Statistics, even when examining apartment prices in relation to wages, it cannot be concluded that these were the only years in which declines were recorded. In fact, between 1999 and 2001, price declines were also observed in relation to wages. In summary, Zelecha's statements are incorrect, and the declines in apartment prices were a broader phenomenon than the period of his tenure.