Why do people say that "return to office" is about raising commercial real estate prices?

HandwovenConsensus@lemm.ee to No Stupid Questions@lemmy.world – 274 points –

A lot of times, when people discuss the phenomenon of employers ending work-from-home and try to make their employees come back to the office, people say that the motivation is to raise real estate prices.

I don't follow the logic at all. How would doing this benefit an employer in any way?

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I have seen this happen first hand. My friend works for a company headed by a founder CEO who is famously progressive. In the hight of the pandemic they even stated that they'd go WFH indefinitely. Past forward a couple of years they have finished constructing a shiny big new office building at the heart of the city. Now every one is being asked to come to the office 5 days a week.

Funny how they ask us to go to the office but keep building their offices where none of their employees can afford to live

But hey, if you aren't burning many gallons of fuel per day stuck in traffic for hours while being very stressed for a job you could've done from home, are you even an adult?