Restricting the (relative) access to opportunities and resources to a select group of people by means of artificial barriers has never worked in the long run, and fortunately so. Otherwise, most people would still be living in abject poverty with only a tiny aristocratic class having agency and control over their lives and standard of living.
I find it particularly baffling that while people would usually claim to be all for social justice and a more equitable distribution of resources, the second their own privileged position is at risk, those ideas go out of the window.
Flattening out global entry wages like this will be great for the holders of corporate equity capital but would probably even rugpull U.S. real estate prices.
Good, it's been increasing at an out of control pace for a long time, but especially since the pandemic.
I'm saying this as a homeowner myself, whose home went up in 'value' almost 50% since I bought it five years ago (it really hasn't, if anything it should have gone down a bit from wear and tear, it desperately needs a new roof, deck, fence, and some gnawed up corners of walls and trim patched up from puppies when they went through teething).
This seems like a blinkered and selfish perspective.
If the number one thing protecting your job is the office, then quite frankly that job probably shouldn't exist.