Australians Are The Richest People In The World?: Housing and Negative Gearing

Interactive Video
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Business, Social Studies
•
7th - 12th Grade
•
Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What makes Australia an attractive destination for wealthy migrants?
Its tropical climate and beaches
Its open immigration policy and opportunities
Its low cost of living
Its proximity to Europe
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main consequence of the increased demand for housing in Australia?
An increase in property prices
A rise in the number of homeless people
A decline in the construction industry
A decrease in property prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the effect of the negative gearing policy on the Australian property market?
It makes real estate investment less attractive
It encourages investment in the stock market
It makes real estate investment more tax efficient
It reduces the demand for rental properties
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have Australians benefited from the property market over the past 40 years?
By investing in foreign stocks
By purchasing homes and paying off mortgages
By renting properties instead of buying
By avoiding real estate investments
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key factor in the hidden fortunes of Australians?
Their investment in technology startups
Their reliance on tourism
Their savings for retirement
Their focus on agriculture
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