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bleah1000 | 2 years ago
And this all assumes long term leases or you own the building. It's possible to pay to get out of leases some time, and you can sell the building if you think it's going to cost millions to keep owning it.
Also, we are seeing lots of smaller businesses also requiring people to come back to the office. If they are getting some huge tax break for a 100 person company, how much is that? I'm happy if I'm wrong, and this is some huge tax break that saves companies millions of dollars, but I think it's fair to ask for evidence that this really saves the money people claim it saves.
I think there are other dumb reasons people are being called back, it just doesn't feel like this is one of the reasons.
jedberg|2 years ago
https://www.bloomberg.com/news/features/2023-02-21/another-t...
Also, I didn't say tax breaks was the only reason. I also said commercial real estate prices. Even companies that don't own buildings need commercial real estate to stay up, either because their owners own some elsewhere, or because other business products are priced based on commercial real estate (one common example is corporate insurance treasuries often hold a lot of corporate real estate).