Birdwatch Note Rating
2024-09-27 04:21:18 UTC - HELPFUL
Rated by Participant: 7E10474187ADD3BA046C0E2EECC53A859B3A7973B8F0EB98F8C1DADF71BA39A4
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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