The REAL reason the Greens say house prices are soaring

Stephen Johnson - DailyMail - 04/04
Max Chandler-Mather, the housing spokesman for the Greens, has suggested high immigration levels aren't pushing up house prices.

The Greens claim high immigration is not the cause of soaring house prices or Australia's rental crisis - but says it is actually down to negative gearing.

Hundreds of thousands of immigrants are still arriving in Australia and boosting population growth, with a net 432,400 landing in the country in the year to January.

Meanwhile house prices in Brisbane, Adelaide, Perth and parts of western Sydney soared by double-digit figures in 2024, despite the 13 recent interest rate rises.

But Greens housing spokesman Max Chandler-Mather says 2021's record property price rises - when Australia was closed to migrants during Covid - proves there is no link to immigration.

'Firstly, let's think about Covid - during that period, we had negati...
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