GDP growth is &quot;more money&quot;. Money is created when people borrow against land. Most borrowing is against land. The boomers+ have stopped borrowing because they are going to die soon. Ergo end of &quot;growth&quot;.<p>GDP is a very bad thing. Also 10% of GDP is &quot;imputed rent&quot; - the rent you would pay to yourself for your home if you were to rent it out. <i>Ten percent</i>. Yet again all tied into land lending&#x2F;prices.