Hacker News new | ask | show | jobs
by snake_plissken 1179 days ago
A rather refreshing take on the work from home topic.

When gas prices were at their peaks last summer I found it a little perplexing that the Biden administration wasn't advocating for more work from home policies, so that people didn't have to commute as much to get to the office. But they really can't advocate for it too much. There is a ton of money in commercial real estate and the commercial mortgage backed securities that have been spawned. End of the day, I think that is why we have the current atmosphere where "work from home bad" narratives are being pushed with such frequency and intensity.

2 comments

They could've done so but there probably would've been backlash from the republicans "President says I shouldn't drive or drive 55". Deliberate crap like that.
The people in office have powerful constituents (donors) who run banks with large commercial office loan portfolios, or own large commercial real estate portfolios, or run big companies. None of these people wants "work from home" to continue, certainly not to the level it has been in the last couple of years.

But "republicans bad" is definitely the right explanation.

> There is a ton of money in commercial real estate and the commercial mortgage backed securities that have been spawned.

We’re not on the hook for contracts the genius CEOs sign.

Let capitalism capitalize on this opportunity to fail and fall on its face.