A lot of times, when people discuss the phenomenon of employers ending work-from-home and try to make their employees come back to the office, people say that the motivation is to raise real estate prices.

I don’t follow the logic at all. How would doing this benefit an employer in any way?

    • HandwovenConsensus@lemm.eeOP
      link
      fedilink
      arrow-up
      10
      arrow-down
      5
      ·
      1 year ago

      Buying something to create artificial demand usually isn’t a good investment strategy. A “pump-and-dump” can work if you can set off a buying frenzy and sell before it wears off, but it’s not a long-term strategy.

      Besides, if that was the plan, leaving the buildings vacant would be just as effective as using them.

      • chicken@lemmy.dbzer0.com
        link
        fedilink
        arrow-up
        15
        arrow-down
        1
        ·
        1 year ago

        isn’t a good investment strategy…

        long-term

        It’s CEOs doing this, they don’t necessarily have to make things work out long-term as long as it doesn’t look like they messed up.

        • Aceticon@lemmy.world
          link
          fedilink
          arrow-up
          1
          ·
          edit-2
          1 year ago

          Some years ago the average tenure of a CEO was 18 months and it’s probably not changed that much since, so they really have no reason to worry about what’s going to happen in a 5+ year horizon: they will be long gone, bonus in the pocket and stock options fully vested and cashed.

      • RightHandOfIkaros@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        edit-2
        1 year ago

        What about modern business makes you think they have a long term strategy? All of them have been making only short term gain decisions for a while now.

        Who cares if the company could be more successful in the future if I can make a lot now by sending it into bankruptcy today?