Reply to Tech CEOs predicting WFH will be permanent, and many employees will never come to an office again

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Reply to "Tech CEOs predicting WFH will be permanent, and many employees will never come to an office again"

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[quote=Anonymous][quote=Anonymous]Who cares.   They could cut salaries by 25-30% and you'd still get way more ahead if you didn't have to work in much more expensive area like SF or DC.  Facebook is now offering permanent WFH with a paycut.  Even with the paycut, you'd probably get far, far more for your money than trying to live in Menlo Park.  Go look up the home prices in SV.  It's stupid, even if you make $300k per year. You can live on $80k in many other parts of the country.  [b]The days of super concentration of jobs are over. [/b]People are fed up with the lack of housing supplies that cause astronomical costs for living.  Decentralize, reduce traffic everywhere, reduce pollution, and make housing much more affordable.[/quote]

This is wishful thinking, sorry. There are huge economic benefits to high concentration of people and jobs in cities. Relative to other developed countries, the US is already much more decentralized, and it’s frankly a drag on our economy that people can’t live in places with high concentrations of job opportunities because of the insane cost of housing.

[quote=Anonymous]Who cares.   They could cut salaries by 25-30% and you'd still get way more ahead if you didn't have to work in much more expensive area like SF or DC.  Facebook is now offering permanent WFH with a paycut.  Even with the paycut, you'd probably get far, far more for your money than trying to live in Menlo Park.  Go look up the home prices in SV.  It's stupid, even if you make $300k per year. You can live on $80k in many other parts of the country.  The days of super concentration of jobs are over. [b]People are fed up with the lack of housing supplies that cause astronomical costs for living.  [/b]Decentralize, reduce traffic everywhere, reduce pollution, and make housing much more affordable.[/quote]

Totally agree with you there! The solution is ... build more housing in places where people want to live. This is impossible right now because boomer nimbys who bought their houses in the 1970s for $10 have a complete stranglehold on land use policy.

If you’re about to come at me with any nonsense about how higher density increases prices and drives minorities out of the city, don’t. Everyone knows this is code for “I’ll have a hissy fit if I have to live next to townhouses or apartment buildings because they might have poor POC in them, and I bought my SFH specifically so I wouldn’t have to live near those people!” [/quote]

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