Hey who knew that the best way to make money as a company is have very few workers and be an amazing talker that can dupe others into investing into your pile of shit. Oh wait, Holmes, Neuman and Bankman-fried already came up with that business model. The innovation on that model is just don’t get caught.
To add, the corps buying up housing are also the ones that have the most potential to back housing builders, but since they’re buying up stock to artificially decrease supply, then they’re deincentivized to support builders. I really wish these big corps had some sort of for each unit you buy, you must build a unit within the next 2 years.
It’s disgusting because airbnbs in my area can have 50% occupancy and do better than a long term, meaning for about 180 days of the year that housing is just artificially decreased supply.
ATL had a pretty good program at one point. If you made $60k, you could buy a $250k house with the requirement that you would be the primary resident for the first year.
What’s even better is that the comparables in the area were all $450k, so 3 years later, all of the homes got valued around $500-600k.
Grindr has lost about 45% of its staff as it enforces a strict return-to-office policy that was introduced after a majority of employees announced a plan to unionize....
This really needs to be some level of labor issue. If an office decided to move across the country and you didn’t move with it, would that be you quitting? You applied for the job that was on your side of the country, not the one across the country. To me, the employer’s terms changed, which means they need to handle the difference.
The piece I love is that commercial real estate near me has not really even decreased since 2019, meaning, commercial real estate greed isn’t abiding by supply and demand and they’re trying to push their losses back on businesses. Workers need to stick it out until lease contracts loop back around and then we’ll see who gets left holding the bag.
The reason CEOs want workers to Return To Office is because they want you to quit ( www.fastcompany.com )
Homes "unaffordable" in 99% of nation for average American ( www.cbsnews.com )
Grindr loses nearly half its staff to strict return-to-work rule ( www.latimes.com )
Grindr has lost about 45% of its staff as it enforces a strict return-to-office policy that was introduced after a majority of employees announced a plan to unionize....
Return-to-office orders look like a way for elite, work-obsessed CEOs to grab power back from employees ( www.businessinsider.com )
White-collar workers temporarily enjoyed unprecedented power during the pandemic to decide where and how they worked.