Housing Bubble, Less Jobs, Chaos?

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Reflecting upon Marvin Bain’s blog post on the housing bubble, the ever increasing housing prices in Vancouver are a stark reminder of the incongruent and ever-declining amount of jobs available. Look at where technology is headed and a dark future is painted by automation. Gone are the days of our parents where it was possible to live on basic wages, and where jobs were abundant and available to most. How will future generations, or even our generation, deal will automation? There have been ideas of basic income, where all are guaranteed a certain amount of money to live on, but that again points towards a slippery slope. This stark image is also why at times I feel conflicted when viewing certain social enterprise companies. In class we talk about helping others in third world countries, such as the one-for-one business model or moving production to those countries. I understand the goodwill stemming from this, and also the value of creating social values, but when it is pushed so heavily while in Vancouver there are still the homeless and those who cannot afford to live here, a sense of ambivalence is evoked. While I applaud these social entrepreneurs and their effort to create a brighter future for many, I encourage future social entrepreneurs to look at making a difference locally.