>>519143930
This is true HOWEVER, the "rich" threshold here is a lot lower than you'd all like to pretend. To suggest it only financially benefits the billionaire owning class is a lazy cop-out. A significantly larger chunk of population gains more from lower prices than they lose from increased competition for their wages.
To acknowledge this however is to acknowledge that you may have to make lifestyle sacrifices in order to end immigration. Nobody really wants this, though. So the tap stays on.