Birdwatch Note Rating
2024-09-27 22:12:01 UTC - NOT_HELPFUL
Rated by Participant: 7072394F5136AAD1CB9DCEA9FA3E9BBE1620F8BA50217EC8AB541B4E37759DFB
Participant Details
Original Note:
Housing prices are based on supply and demand. Australia built 114,178 homes in 2023, But net migration arrivals exceeded 700,000 - https://www.abs.gov.au/statistics/people/population/overseas-migration/latest-release Modeling shows removal of negative gearing would lead to a decrease of 2% or less in house prices - https://grattan.edu.au/wp-content/uploads/2016/04/872-Hot-Property.pdf
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