Birdwatch Note Rating
2024-09-26 23:00:55 UTC - HELPFUL
Rated by Participant: 801127461763B78FF26819AF68EB99B90E58D96EA1113D54542431AEB8E6D13B
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