Summary: On this episode of The Cost of Doing Business: Special episode - Crisis Mode -Finance Minister Yair Lapid unveils a plan to eliminate the value added tax for first time home buyers as a way to reduce housing prices and manages to enrage pretty much everyone. What with the Treasury’s chief economist, Michael Sarel, resigning in protest and Lapid’s party member blatantly attacking the Bank of Israel for daring to criticize the plan, we hear what the experts have to say: Dr. Avichai Snir of Bar Ilan University and Netanya Academic College explains why it seems that Lapid is attempting to defy the most basic laws of economics, and says that if the plan was to go through the result would be financial crisis Rafi Gozlan, chief economist at IBI Investment House, advises Yair Lapid: drop the silly plan, keep the attitude -The executive compensation party in Israeli continues, uninterruptedly: TheMarker’s Assa Sasson tells us about it -Start up of the week: Startappist is not your typical start up, but more of a “cooperative with a business model” that attempts to fight ageism in the Israeli high-tech sector by hiring only workers over 45 to develop mobile apps. Co-Founder and CEO Yehuda Ben Yaakov tells us how it works
