this post was submitted on 18 Dec 2024
702 points (98.9% liked)

Work Reform

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[–] [email protected] 11 points 3 days ago (2 children)

Bold of you to assume he already doesn't. But WFH across many industries drives down urban office space value overall.

[–] [email protected] 3 points 3 days ago (1 children)

I edited the comment to expand more clearly upon what I mean. There are other ways to capitalize on the space.

[–] [email protected] 8 points 3 days ago (1 children)

Converting office space to residential is costly (if even possible for a given building), and would require a lot of effort. There may be zoning issues in the way as well.

Much easier to just use the CEO hat to keep desks full, and the landlord hat to collect rent.

[–] [email protected] 5 points 3 days ago

Which is why I gave it "bonus points" for attempting to do so.

[–] [email protected] 2 points 3 days ago

Won't someone please think of the poor rent-seekers!