it's a good day to think about whose voices we hear in the "back to the office' power grab. it's a good day to think about what 'back to the office' costs workers in time, child care, commuting, clothing, and about a million other things. back to the office is a pay cut, you'll never convince me otherwise.

@nerdseyeview

Remote work, by some estimates, is the equivalent of an over 10% pay raise. It is also a cost saving to corporations.

It has a host of knock off effects too.

By moving away from major cities, corporations saw their labor demands decline as workers found less expensive homes.

Reminder: Remote work is a cost saving to both workers & corporations.

Why would a corporation fight to keep expensive downtown real estate leases?

Wall Street

https://www.theglobeandmail.com/business/article-investing-commercial-real-estate-valuations/

The commercial property puzzle: Real estate investors refuse to write down assets despite public market pain

The valuation gap is growing and trillions of dollars are on the line, but it’s hard to know who’s right

The Globe and Mail