I believe real-estate is also a huge tax-writeoff for companies that don't end up getting transferred to individuals if they wfh permanently (I think)
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That makes a shared ownership model potentially interesting (and potentially problematic).
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Seems like a rather extreme view. I think companies are doing that because many employees like that and existing buildings, once re-configured for social distance, simply can't hold the same number of employees.
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How many firms are paying for ergonomic chairs in their employees homes? Workers are to some extent subsidizing expenses that their employers would cover normally.
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People in the suburbs will gladly take on the RE burden if it eliminates the commuting time & costs while young peeps living in studio apartments downtown will not.
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There's some merit to this argument, but it's also worth pointing out WFH would drastically reduce commuting costs for many people, and companies generally don't subsidize that--at least for private cars. (There is some exception for public transit subsidy.)
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Also, we're very much looking at this from the inner Bay Area bubble. Given that the average size of a recently built home in America is 2,687 square feet and that the average has been above 2,000 sf since 1990, most Americans probably already have the space baked in.
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Been realizing this for weeks. It sure sucks. Also, if a vaccine is widely available and administered— all these takes are overblown.
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That doesn't make sense. Tax incidence says this will just be added to your salary. https://en.wikipedia.org/wiki/Tax_incidence …
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