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[–] 7 points 4 months ago (2 children)

Thats a part of it, but I think the biggest thing is they know that once work from home gets normalized, commercial real estate is going to tank and make what happened in 08 with subprime mortgages look quaint by comparison.

The big time real estate developers dont care about residential property, and more and more Space For Lease signs are showing up everywhere. If work from home becomes the norm they stand to lose a fortune and they will do anything in their power to prevent that.

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  • [+] 2 points 4 months ago* (last edited 4 months ago) (2 children)
  • [–] 3 points 4 months ago

    Oh im sure...empty office buildings slowly decomposing isnt a good look for an areas local economy.

    If we weren't run by monied interests wed be offering tax incentives the other way to get more people off the road but that doesnt keep us all dependent on fossil fuels so that's right out the window.

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