This is an interesting argument. The middle classes go along with it as it props up house prices!!
Its sounds like an argument for more money printing as it increases GDP even via inflation.
The trouble is this is no infinity argument and the law of diminishing returns has to respected especially regarding balance with other values humans value who make the decisions.
There is a breaking point because some asset prices are falling including houses despite more credit and activity in some areas are slowing despite more pumping up by creditors.
The effect of immigration as an accelerant appears to be reducing if it ever was valid and not just a means for hype and marketing to boost short termer pockets!!
If cold turkey has not arrived for some it certainly is just around the corner!!
