Return to office is ‘dead,’ Stanford economist says. Here’s why::The share of workers being called back to the office has flatlined, suggesting remote work is an entrenched feature of the U.S. labor market.
This is the thing. Remote work as an option helps everyone. Lower costs for the employer, happier employees, the people who do want to work in an office have a better time because it’s less crowded, the people who need to care for kids or parents have an easier time…it’s entirely a win for everyone.
Except real estate companies, and therein lies the problem.
It’s even good for the environment! The amount of time, money, and energy (and that energy needs to be generated somehow) used to support everyone’s daily commute is IMMENSE. More than a few cities noted significantly improved air quality when the quarantines were in effect in 2020, and there’s still a noticeable difference in a lot of places.
