Re:The war on remote work has nothing to do with productivity
by _zoltan_ on Monday September 23, 2024 @02:38AM
(#41622962)
If it would be bad for people's pension funds and such, shouldn't it be everyone's interest to actually keep showing up to prop up those real estate values?
Re:The war on remote work has nothing to do with productivity
by chii on Monday September 23, 2024 @02:53AM
(#41623073)
> shouldn't it be everyone's interest to actually keep showing up to prop up those real estate values?
not if you're getting a large benefit from WFH. And the loss from commercial real estate devaluation won't hit everyone equally.
Re:The war on remote work has nothing to do with productivity
by InDubioProRubio on Monday September 23, 2024 @03:08AM
(#41623179)
Productivity would grow the amount of value in real-estate + some i guess. Should be a little spike starting at covid where new value is generated, but old losses are not priced in.
Re:The war on remote work has nothing to do with productivity
by bilekas on Monday September 23, 2024 @02:53AM
(#41623070)
Pension indexes wouldn't be in a volotile industry as real estate.
Re:The war on remote work has nothing to do with productivity
by theturtle32 on Monday September 23, 2024 @02:50AM
(#41623047)
No.
Re:The war on remote work has nothing to do with productivity
by captainbland on Monday September 23, 2024 @05:20AM
(#41624040)
Pensions are, in general, well diversified. The tiny loss you'd get in your pension, diluted over decades of management, is practically homeopathic in strength as a concern.
Re:The war on remote work has nothing to do with productivity
by TeMPOraL on Monday September 23, 2024 @01:06PM
(#41628224)
No? My impression of US (and by extension) global finance state of things is, pension funds are holding the society hostage, preventing positive changes in some sectors of the economy, real estate being particularly blatant case. "Propping up those real estate values", in general, works for the benefits of "haves" at the expense of hoping to have when they get older - i.e. it works against the interest of younger generations.
Re:The war on remote work has nothing to do with productivity
by sensanaty on Monday September 23, 2024 @04:28PM
(#41630139)
As a young'un who probably won't live to see a pension judging by how things are going in the world, I'll take a QoL boost NOW instead of potentially maybe one day when I'm 65+ and retired being able to perhaps live off of the undoubtedly meager pension I accrued over a more miserable life.
I also suspect (but have nothing to prove this, just a gut feeling) that the effect of pension funds is minuscule compared to the amount of money the elite make. It's a very convenient excuse to not do anything disruptive ever, of course, because "Think of the pensions!!"
Re:The war on remote work has nothing to do with productivity
by fragmede on Monday September 23, 2024 @04:36PM
(#41630238)
https://www.thinkingaheadinstitute.org/research-papers/globa...
says pensions control $55 trillion. you'll have to define "the elites" a bit more to have a point of comparison, but the richest billionaire has "only" $200 B.
So at the very least it's not miniscule, but it depends on how you want to calculate the other side of the equation.
Start circulating studies showing people working multiple remote jobs at once, steer thinking around company culture, normalize it through repetition, send out talking points. Eventually dominos will start failing.