
Israeli Minister Sparks Outrage with 'Real Estate Bonanza' for Gaza Amid Global Backlash
2025-09-18
Author: Jessica Wong
A Controversial Vision for Gaza's Future
In a shocking statement, Israel's far-right finance minister, Bezalel Smotrich, has dubbed the Gaza Strip a potential "real estate bonanza," igniting international condemnation. Smotrich revealed that he is in discussions with the United States about plans to divvy up the territory in the aftermath of the ongoing war.
The Trump Connection
Speaking at a recent event in Tel Aviv, Smotrich announced that “a business plan is on President Trump's table,” referencing the former president's controversial proposal to transform Gaza into a luxurious destination—potentially the "Riviera of the Middle East." This plan suggests the forced displacement of Palestinians, raising significant legal and ethical questions on an international scale.
Backlash and Violations of International Law
Despite claims from the US and Israel that emigration would be "voluntary," the international community, including Palestinians and Arab nations, has vehemently rejected such ideas. The UN has warned that the current Israeli military campaign has devastated Gaza, leaving an estimated 92% of housing units damaged or destroyed, and rendering 91% of schools unusable without major repairs.
Financial Implications of Destruction
Smotrich noted, "We paid a lot of money for this war," and emphasized the need to profit from the land's future development, hinting at his plans for post-conflict reconstruction. The UN estimates that rebuilding Gaza over the next decade could cost a staggering $53.2 billion.
Ultranationalist Ambitions
As the leader of Israel's Religious Zionist party, Smotrich is known for his ultranationalist views and has faced sanctions for inciting violence against Palestinians. He has significant influence over planning in the West Bank and has proposed annexing approximately 82% of the territory, aligning with his controversial belief in maximizing land while minimizing Palestinian presence.
A War on the Horizon
This conflict erupted following a Hamas-led attack on southern Israel on October 7, 2023, which resulted in tragic losses, including approximately 1,200 casualties and 251 hostages. In retaliation, Israeli assaults on Gaza have led to devastating loss of life, with Gaza’s health ministry reporting over 65,000 deaths—nearly half being women and children.
Allegations of Genocide
The situation has escalated to the point where a UN commission of inquiry has concluded that Israel's actions amount to genocide against Palestinians in Gaza, a claim that the Israeli government has firmly denied.
The Road Ahead
As discussions on Gaza's future progress amid ongoing devastation, the world watches closely, raising critical questions about justice, legality, and humanity.