It's not commercial real estate. There's no reason for a CEO to care about real estate. This is just the reason given by people who believe all companies only ever do things for the money. So they've made up a reason they think fits.
Why would a company care about the real estate market when it can make more money having its staff work from home? Have you ever seen a company care about something that doesn't benefit them in the short term?
I think animals should have more rights already. It'd be nice if they could talk or something to help people realize they're actually living things worthy of empathy.
But to your point, cats and dogs are already among the better-treated animals in large parts of the world.
Compared to animals who get farmed (especially factory farmed), or get the death sentence label of a pest or invasive species.
We have our place on the planet purely by right of conquest.
It's fundamentally immoral what we do to animals but people just ignore it, accept it as a necessary evil, or somehow block the empathy from their brain applying to animals.
They're normally not that short and I hate being asked to do the same thing a thousand times.
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People keep bringing up real estate because everyone thinks the rich are evil and this move must be money related somehow.
Now, I too think they're pretty rotten for the most part.
But returning to office is not about real estate.
Companies are ruthless and if they can increase profits at all, they will do pretty much anything to do so. Firing long-time workers, destroying the planet, etc. So if they had to destroy the real estate market to make more money, they would.
My point here is that if it was just about money, everyone would remain WFH. They could downsize the office, or even lease out the space to the companies that are returning to the office.
So then why are they doing it? It's their preference. They prefer having their underlings in the building and enjoy seeing everyone from their corner office. They like feeling powerful which is harder to do when everyone who works for them is at home.
They might also have the kind of personality where they get more work done with others around, and they can't imagine it being different for other people. Many high-up executives only got that far because they have very extroverted personalities.
Not everything a rich person does is strictly about money. Otherwise they wouldn't buy mansions, supercars, private planes, etc. Apple wouldn't have built the billion dollar donut office. They do these things because they're powerful and want others to know.
Candles were once a significant cost. But lightbulbs are incredibly cheap.
Food used to take a whole day to acquire.
We have things that even royalty didn't have before, like air conditioning, out-of-season food, international travel, etc.
Capitalism sucks for sure. But it has given society a few benefits, and sometimes things do get significantly cheaper long term (but I'm generally skeptical about which items will go that way)
Picking and choosing which one to fix "first" is a problem, IMO.
We are capable of tackling every area simultaneously. Let's get more EVs out there, let's try hydrogen-powered airplanes, more nuclear, and sails on ships.
I was trying to agree with you overall in my first comment. That no matter what they try to do, there will be a way around it. Even if it's as extreme as using a camera to make the copy.
Convert all the empty offices to apartments. Solves housing supply problems, makes a lot of dense units instead of sprawl, puts them right next to any of the offices that have reopened, and would make the owners of the office buildings happy so they'd hopefully get out of the way of WFH (if they're doing any lobbying or propaganda or whatnot).
I know it's too expensive to be worth it, but it's a perfect thing for governments to give grants for since it has so many benefits.
It's happening a bit in Canada.
Projects are undervway in Calgary and Halifax; others are being planned or debated in Toronto, London, Ont., and Yellowknife.
Millennials, according to Wikipedia,
After that is Gen Z and Gen Alpha starts somewhere around 2010.
So 1997 would be an older Gen Z