Fisher conveniently forgot two things
After housing, the financial sector (banks, insurance and pension funds) is the greatest parasite on the Israeli economy. Lower these costs and you will see the economy prosper and the standard of living rise.
Second, look at the effect the powerful unions have in raising prices and lowering standard of living for "normal people".
And you heard it hear first: thanks to Dafna Leef, Tnuva will soon be bankrupt, and all Jewish-owned dairy farms will fail. Their land will be sold to the rich and the poor will spend all their money on very expensive, 3d rate dairy products.