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The argument for ramping up population is that it means more young people to support the elderly. The alternative is to reconsider old age and retirement. This article from New Scientist suggests that might be a better option. As for migration rates, Abbott is against high numbers, and...

WinstonWolfe, the small difference between your GNI and property growth figures would lead to housing taking up roughly twice as much of the national income in 2010 as it would in 1980. The point that I'm trying to make, and I think Intrinsic_Value is too, is that if property prices continue...

The GDP and wage growth figures that I've seen are that both grow at 3 - 4% per annum (on average). The cliché is that property doubles every seven to ten years (so a 7% to 10% growth rate). Taking these together, property prices would double every ten to twenty years relative to income...