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I think the only businesses willing and able to do something like this would get roasted hard by the media and even politicians for this. Classic handwringing a
by opportune 3y ago
I think the only businesses willing and able to do something like this would get roasted hard by the media and even politicians for this. Classic handwringing about any perceived nefarious plot because it’s done as part of a big tech/pharma/finance/whatever company
Honestly, if my bigtech employer had some company housing benefit, I’d really appreciate it and likely use it. “Company towns” from a century go are so, so different from what a big tech housing development would be: none of us would be getting paid in scrip, we’d easily have transport options outside the corporate housing (it’d probably just be somewhere in the middle of an urban area like South Bay or Queens), we’d be consciously choosing it because of municipal policy failure making housing too expensive and not because it’s literally the only option in the area.
I would have to understand better what you mean by a mortgage though because I doubt I’d want to live in a corporate housing development years after leaving the company. It would probably be better for capitalization (capture the depreciation$$$) for the company to own the building but offer it for rent at a low rate to employees.