Re:Return to office is 'dead,' Stanford economist says
by naasking on Friday December 01, 2023 @01:00PM
(#38489920)
> This take is so common and so bizarre to me. Executives at companies do not give a fuck about the landlords of their buildings.
I don't think you have the right framing. Investors diversify, and so the set of investors and board members in your company that are invested in commercial real estate is non-zero, and arguably non-negligible.
The set of investors and board members that have some stake in work from home is considerably smaller, possibly zero. This is a clear bias that acts as a non-negligible incentive on CEOs to push a return to office. Everyone in this scenario is working in their own self-interest.
I don't think you have the right framing. Investors diversify, and so the set of investors and board members in your company that are invested in commercial real estate is non-zero, and arguably non-negligible.
The set of investors and board members that have some stake in work from home is considerably smaller, possibly zero. This is a clear bias that acts as a non-negligible incentive on CEOs to push a return to office. Everyone in this scenario is working in their own self-interest.