Menta, but the size of credit is driven by humans... if you do not have growth in population then it limits credit growth...
Size of debt is driven by Size of the loan * by Number of loan given ( number of loans depend on population growth ... )
Immigration is a big factor in house prices and definitely on :
- wage growth suppression
- overcrowded schools
- clogged roads...
Keep this Immigration conversation open with MP, Friends , BBQ parties..
