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by cogman10
1477 days ago
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Google still has options (which, granted, they've exercised) including adding more remote offices. They don't want to do that because they've already spent a bunch of money on their fancy HQ and don't want to see it empty out. There are plenty of employers with < 1000 employees, however, crowding these downtown areas. They have way more flexibility in being able to move out of these city centers and into more affordable locations for everyone. They don't because part of the reason for their offices in these downtown location is rich people showing off to other rich people. You gotta "look" successful. |
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If an office is moved to a less densely populated area, the average commute time of all employees collectively ends up increasing.
The way rich people actually show off to other rich people is by doing what's right for their companies, thereby increasing the value of their equity - which then allows them to buy luxury goods and impress other rich people that way.