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We will definitely see a push from all the hedge funds and billionaire class to bring back people to the office. WFH is a privilege only US/EU people enjoy. Vas
by mathverse 4y ago
We will definitely see a push from all the hedge funds and billionaire class to bring back people to the office. WFH is a privilege only US/EU people enjoy. Vast majority of people in Asia are herded to work from the office.
- notyourwork 4y ago> hedge funds and billionaire class For why? Because they want rent money... If people WFH, the companies renting these offices will terminate leases. Or is there some other reason that time and time again I see claims like this?
- mathverse 4y agoControl over economic activity and supply and demand. Office space was very expensive, leases were signed for a certain period of time and it was impossible for anyone not big enough to break into that space. Coupled with economic activity from all the workers needing to be at a certain place for a certain time it was a dream. Now all economic activity from this is uncontrolled. Workers spend their time and money on things they actually want instead of being forced to consume.
- Longlius 4y agoThe people who are major shareholders in companies also tend to hold other assets like commercial real estate.