this post was submitted on 23 Jan 2024
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The Absurdity of the Return-to-Office Movement::The return-to-office demands make little sense from an overall economic perspective, while working parents, in particular, benefit from not having to waste time commuting to an office, writes Peter Bergen.

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[–] [email protected] 11 points 11 months ago (1 children)

The value of commercial buildings doesn't go to zero. They're just cut in half (based on recent sales prices).

Just because the price of an asset goes down doesn't mean the economy crumbles. In fact, buyers / renters are now better off. I'm sure poor Grandmas are in that category.