Birdwatch Note Rating
2024-10-03 12:31:37 UTC - HELPFUL
Rated by Participant: 06897B61C79563198B511B9497D64E98C0B3FAB2663ADC8858FD3088F1D76663
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Original Note:
Vance provided a study that backs the claim of the post (yes, this is not a Federal Reserve study, but this is not claimed by the post): https://www.sciencedirect.com/science/article/abs/pii/S1051137717300025 It's common sense that supply and demand influence real estate prices. If demand increases due to immigration, house prices rise as well.
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