Well, maybe my suggestion is that the basic elements of life perhaps shouldn't be buffeted and exposed to financial market conditions.
So many people are obviously around us, we can call them lazy, ignorant, attach whatever label we want - they are clearly unable to compete in a competitive world.
By "compete" I mean that they lack either the brains, the mental stability (eg drug abuse) or the environmental background to enable them to succeed.
We can blame them, label them, call them lazy. Labelling fixes nothing. Calling them down will not reduce the numbers of rent defaulters or homeless lining our streets.
It's fine to have a competitive world, but it should be competitive only on the basis of a fundamentally level playing field. Everyone should have uncompetitive access to the basics. Housing, healthcare, food.
Beyond the basics, compete all you want.
On an actual policy level you have me - I admit to having little in the way of answers.
It seems that we need to have a form of government that addresses inequality in a systemic way, in terms of the basic needs of life. Access to healthcare and housing.
All I'm saying is that, as an investor, if you don't like the environment - get the heck out of it. Your counter-parties are probably worse off than you.
You saw few homeless in Vancouver?
Well, you just didn't go the right places. In East Vancouver the streets are literally lined with thousands of drug addicted homeless.
https://www.youtube.com/watch?v=JySkNS4UceU.
Many of these people "live" in single room "hotels" owned by billionaires that milk these street people of their welfare money. The streets reek of piss and piles of human crap are evident everywhere. Daily drug OD's easily eclipse COVID deaths.
Vancouver is a freak show and a national embarrassment as to how we treat the weakest people in our society.
But I digress I suppose.