SuddenDownpourLet's increase worker productivity?
I mean, same with remote work
I don’t understand why so many businesses are against remote work. If I was a CEO and was told that there was a way to decrease expenditures on rent and increase employee morale I would be asking “how fast can we switch?”, not pushing back against it.
The honest answer is that if the office real estate market crashes, so does the US economy
explodicleBroken window fallacy
Not really. In this case we have a great example of this happening: the subprime mortgage crisis of 2008. The entire real estate economy is held up by wishes and prayers and mutually assured destruction.
I believe that was more about financial bullshit games selling debt packages to everyone and their mother that were insanely toxic and when it crumbled it took almost every bank with them.
I mean I have little faith that we actually fixed that problem, but I always saw it as a greedy banker issue not a specifically real estate issue.
If you think it’s like 2008, then the “crash” would have happened (or did happen) in 2020. Re-inflating it in 2009 or 2025 is the “broken window”.