this post was submitted on 23 Jan 2024
433 points (96.8% liked)

Technology

59594 readers
3398 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
433
The Absurdity of the Return-to-Office Movement (www.cnn.com)
submitted 10 months ago by [email protected] to c/[email protected]
82 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 10 months ago

No pension fund owns only commercial real estate. If anything, it's like 5% of their entire portfolio. Still, it's not necessarily a problem.

So in your simplified scenario, you have a pension paying retirees that owns 100% of a building. Say few businesses want to lease space in the building, and the value goes down.

They don't have to sell the building. They can just refurbish it and put the retirees in it. That's actually more tax efficient than paying the retirees who then pay their retirement home.