[lazide]

That assumes they'll get takers on the areas though.

With remote work becoming more of the norm, what if the labor market doesn't move back?

They'll have a monopoly that few ever pay rent on, and they'll go broke (while the houses rot).

[heavyset_go]

Urban areas are desirable even outside of the availability of high paying jobs. There are neighborhoods in America's desirable cities filled with the adult children of wealthy people who pay their kids' insane rents while they pursue arts, fun and wait tables or bartend on the side for petty cash or to keep busy. That section of urban residents are not dependent on high paying jobs and will continue to seek out cities for the lifestyle aspect.

[jethro_tell]

Sure, It's not a sure thing forever and not all areas are going to be winners, but if you have a big enough budget, you can just buy houses everywhere for a long time and probably make decent rent for a while. Heh, if not, or when it ends, they can just dump it and or the company and walk away. It's not like they are doing it with their own money.