Birdwatch Note Rating
2024-09-27 19:49:10 UTC - HELPFUL
Rated by Participant: DD9C36E7467B79AF2E8C19C7960E7D7572D1C71965A447A813EAF660DFC4CD0C
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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