Remote work risks wiping $800 billion from the value of office buildings in major cities, highlighting the potential losses that landlords are facing from post-pandemic changes in employment trends.
Two people now. You are not going to see ANY of the money that will not be spent on real estate. Do you think it’s going to trickle down? But hey at least it feels good to pretend right? What we need is more snarky comments and less actual solutions.
I work remote and do see that money. Let me explain how:
I save money on car maintenance, gas, and business attire.
I save money on food by eating at home or eating in my neighborhood instead, which adds value to my neighborhood and creates businesses in my neighborhood instead of my bosses
I save roughly 2 hours of getting ready / commute time per day, and time is money.
What’s wild is that my boss ever felt entitled to all of that for their benefit.
I mean WFH was literally impossible for a lot of jobs until broadband internet and personal computers became ubiquitous in the average workers home in the last decade or so. That’s part of why yor boss felt entitled to all that, but I see the rest of your points
they point blank told me they needed me in the office because ‘they owned the building’ (read: they think they are entitled to use their employees time and resources to prop up the value of their commercial real estate)
they also spent the time during the pandemic installing a giant paid cafeteria, so they were hoping to capture some of that lunch revenue I mentioned for themselves, or the company they sub-contracted with
Two people now. You are not going to see ANY of the money that will not be spent on real estate. Do you think it’s going to trickle down? But hey at least it feels good to pretend right? What we need is more snarky comments and less actual solutions.
I work remote and do see that money. Let me explain how:
I save money on car maintenance, gas, and business attire.
I save money on food by eating at home or eating in my neighborhood instead, which adds value to my neighborhood and creates businesses in my neighborhood instead of my bosses
I save roughly 2 hours of getting ready / commute time per day, and time is money.
What’s wild is that my boss ever felt entitled to all of that for their benefit.
I mean WFH was literally impossible for a lot of jobs until broadband internet and personal computers became ubiquitous in the average workers home in the last decade or so. That’s part of why yor boss felt entitled to all that, but I see the rest of your points
oh my boss felt entitled to this recently
they point blank told me they needed me in the office because ‘they owned the building’ (read: they think they are entitled to use their employees time and resources to prop up the value of their commercial real estate)
they also spent the time during the pandemic installing a giant paid cafeteria, so they were hoping to capture some of that lunch revenue I mentioned for themselves, or the company they sub-contracted with
(yes, I did quit, get a new job, and a raise)
I don’t give a fuck about that money, I already have money.
We have the solution, it’s remote work. Smart businesses are using it as a competitive advantage to attract the best candidates.