My current employer did just that – sold the space, sold the desks, and then enshrined remote work in the union contract.
Since they weren’t tied to an office, people could work from anywhere the privacy and security regs allowed. That’s the entire country. Turn-over is incredibly slow, but we can now pull from a national talent pool for a 100%WFH job. Competition is gonna heat up.
It’s a very funny video with a clip of Ben Shapiro saying that the coast going underwater doesn’t matter because people can just sell up and move. And hbomberguy asks who he thinks they’re going to sell to, Aquaman?
For the right price, yeah. You’ll be able to sell coastal properties for the right price too. Just nowhere near as much as you paid for them. They’re not interested in getting only some of it back.
I have no idea why people are trying to pretend it’s not worrying the owners of these buildings when the owners of these buildings are throwing hissy fits all over the shop.
Which is why I said “dangerously close”. Office buildings which are empty because they’re not needed as offices any more can be sold to developers who will turn them into housing or shops. But with fewer employers based there, demand for housing and shops may also disappear.
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My current employer did just that – sold the space, sold the desks, and then enshrined remote work in the union contract.
Since they weren’t tied to an office, people could work from anywhere the privacy and security regs allowed. That’s the entire country. Turn-over is incredibly slow, but we can now pull from a national talent pool for a 100%WFH job. Competition is gonna heat up.
Lucky they found a buyer
Dangerously close to pulling a Shapiro there.
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It’s a very funny video with a clip of Ben Shapiro saying that the coast going underwater doesn’t matter because people can just sell up and move. And hbomberguy asks who he thinks they’re going to sell to, Aquaman?
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For the right price, yeah. You’ll be able to sell coastal properties for the right price too. Just nowhere near as much as you paid for them. They’re not interested in getting only some of it back.
You can reuse commercial buildings for other things (like residential sky rise). You cannot reuse underwater homes.
Already covered.
I have no idea why people are trying to pretend it’s not worrying the owners of these buildings when the owners of these buildings are throwing hissy fits all over the shop.
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Which is why I said “dangerously close”. Office buildings which are empty because they’re not needed as offices any more can be sold to developers who will turn them into housing or shops. But with fewer employers based there, demand for housing and shops may also disappear.
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