The mayor of Tel Aviv, Ron Huldai, has confirmed that more than 1,000 residential units across the city are now uninhabitable following damage caused by Iranian missile and drone attacks during the recent war.
According to Israeli Channel 12, Huldai stated that “over 1,000 apartments in Tel Aviv are no longer fit for living” due to the direct impact of missiles and unmanned aerial vehicles launched from Iran. The scale of destruction highlights the material consequences of the escalation, particularly within densely populated urban areas.
Casualties and Structural Damage Across Multiple Cities
Missiles and debris from interception systems struck buildings in Tel Aviv, Ramat Gan, and Bnei Brak, resulting in dozens of casualties, including fatalities and injuries. In addition to the human toll, significant damage was recorded across residential buildings and private vehicles, reflecting the widespread reach of the attacks.
Billions in Economic Losses from Recent War
Earlier this week, Channel 12 reported that Israel’s Ministry of Finance estimates the cost of 40 days of war involving Iran and Lebanon at approximately 17.5 billion US dollars. These figures represent initial calculations and do not account for future reconstruction expenses or the broader economic losses resulting from partial shutdowns during the conflict.
Surge in Compensation Claims
Hebrew media outlets have reported that around 30,000 Israelis have submitted claims to the state compensation fund operated by the Tax Authority, seeking reimbursement for direct property damage. Of these claims, 18,408 relate to structural damage, 2,594 to equipment losses, and 6,617 to vehicle damage.
Previous War Costs Add to Financial Burden
Last week, the economic outlet Calcalist reported that the June 2025 war with Iran, which lasted only 12 days, resulted in compensation costs for businesses reaching approximately 3 billion shekels, equivalent to around 1 billion US dollars.
