Birdwatch Note Rating
2024-09-27 22:58:16 UTC - HELPFUL
Rated by Participant: 76E06F64E1F0E251A0CA64A48CB12E086A7DD09F004496BD6A02D26A83B871B7
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
All Note Details