cross-posted from: https://lemmy.zip/post/1125686
Archived version: https://archive.ph/vL1mC
Archived version: https://web.archive.org/web/20230806071111/https://www.businessinsider.com/employees-work-from-home-benefits-as-good-as-raise-2023-8
cross-posted from: https://lemmy.zip/post/1125686
Archived version: https://archive.ph/vL1mC
Archived version: https://web.archive.org/web/20230806071111/https://www.businessinsider.com/employees-work-from-home-benefits-as-good-as-raise-2023-8
The push has nothing to do with anything but getting money back into real estate. The majority of wealthy people’s money is tied up in either oil or real estate. Billion dollar office buildings going unused is unexplainable to the oligarchy. And I don’t use the word Oligarchy lightly. Combined with less oil being used moving people around, and you have the most powerful people in the western world yelling at business executives to get their workers back in the office or they’ll be unable to barrow money from the 0.0001% small companies don’t have a lot of debt from the Oligarchy so they don’t have to listen to them. But if you know anything, wealthy people don’t like it when the poors don’t filter their money upwards so this fight is long from over.
Don’t forget micromanaging bosses who can’t stand not being able to watch their employees at all times.
It’s not like the land wouldn’t be viable for high end housing if the corps could push for rezoning. It doesn’t have to stay only office space.
Conversion would cost billions for most of those buildings. And many of those areas can’t support a population increase on the level of hundreds of thousands of people. It’s do able but these people are not willing to do anything that improves humanity.