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Do you work for a landlord? Otherwise, the incentives here are the opposite. If landlords are defaulting, its because companies are getting rid of their office
by dahfizz 3y ago
Do you work for a landlord? Otherwise, the incentives here are the opposite. If landlords are defaulting, its because companies are getting rid of their office space. They are doing so because its expensive to rent office space; WFH is cheaper for employers.
- rideontime 3y agoI believe you've missed the parent's point: the push for return to office is motivated by the desire to save industries that are no longer in demand, like office space.
- coldpie 3y agoWhy would parent's company want to subsidize those industries? The logic doesn't make sense.
- maerF0x0 3y agoWell one reason is that much of the executive class colludes with each other in the short run, though ultimately they are competing.
- coldpie 3y agoI suppose that is possible. I think it's more likely that the company leaders genuinely believe RTO is beneficial for their companies, than that they're doing favors for the people they pay rent to to the detriment of their own company.
- maerF0x0 3y agoI've never understood exceptionalism beliefs in the executive class. Some common ones are greater productivity over 40 hrs of working, open offices, layoffs ... Anyone know why these ideas persist despite mounting evidence? During lockdowns it was really non-PC / unpopular to be "against the science/data" but for some reason its tolerable in business?
- coldpie 3y ago> Anyone know why these ideas persist despite mounting evidence? Your comment is a bit too abstract for me to reply concretely to, but my guess is a combination of the evidence being less compelling than you think it is, and confirmation bias on the part of company leaders.
- dahfizz 3y agoI believe you missed my point. Why does your company, who is making the WFH / no WFH decision, care at all about subsidizing the office space industry? It makes no sense.