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by throwaway201607 3612 days ago
There are some simple fixes to people's issues. 1) Charge more for everything 2) If you cannot get a good deal, then leave. 3) Stop playing games where you sacrifice yourself trying to compete against people who sacrifice very little but have much. These billionaires are flippant about these things because it cost them nothing (personally) to get the wealth. When you make $64M a year, a $4M condo is nothing. But when a paralegal and a plumber scrimp and save to try and compete, it will cost them everything. Better to just move to another city and not play the game. Or charge the billionaire $400 an hour for plumbing.
2 comments

Great, tell my relatives to say goodbye to their elderly parents they support. Also tell them to leave their clients behind. Oh! And hurt their school-age children socially by moving them to a different region.

Not all people have the same mobility that you do. This is a situation that many people need to stand and address, not vote with their feet.

The fact of the matter is that you/they cannot afford to keep things going, and the only way the market will correct is when people refuse to sacrifice more.

Your family loves you and based on that I can securely tell you that if you have to leave they will continue to love you. And if they truly are dependent on your support, they will follow.

Assuming you're not literally 100% broke (like $0 in the bank, $0 credit) you have the ability to travel somewhere close to make a less expensive life. Maybe Kamloops or more central like prince George?

The governments of most western countries have betrayed their citizens with globalisation and loose regulation. Freedom to transfer money across borders, access to markets with little responsibility or accountability.

Some make a fortune during the turbulence, others suffer poverty or virtual slavery. The peaks become higher and the troughs lower.

I have trouble believing that this is the world foreseen by the original proponents of neoliberalism. Freedom is a wonderful thing, but not when it facilitates and entrenches unfairness.

My grandfather, who lived through a similar period of financial disparity in the 1930s refers to it as "wild capitalism". No need for a crystal ball to predict what may happen next.