Posted on 06/26/2023 8:11:37 PM PDT by SeekAndFind
I’ve telecommuted for over 30 years, which was a choice I made once home computers and the internet enabled me to establish a virtual law office. However, there’s a huge difference between individuals and small offices making lifestyle and economic choices and the lockdown’s brute force transition from an office-place economy to a telecommuting economy. The former is an organic workplace diversification; the latter is the breakdown of the commercial real estate marketplace with unfathomable consequences for the American economy.
The climate changistas have long dreamed of a virtual business environment, one in which people in white-collar professions work from home. For them, the lockdowns were the perfect catalyst. At the macro level, telecommuting ends traffic jams and stops the need for vast building complexes that despoil possibly more attractive natural environments. It theoretically lowers the cost of doing business because companies no longer need to pay mortgages or rents on office facilities, as well as attendant costs (e.g., insurance, janitorial maintenance, etc.).
For white-collar workers, there are upsides, too. Not having to commute to work can save them hours per day, as well as cutting back on the costs of bus fare, fuel, and car wear and tear. Latchkey kids are no longer an issue because one or both parents are home when the kids come home. You also don’t need to spend money on a work wardrobe or expensive lunches downtown.
There are very real downsides, though. For individuals, there’s the absence of workplace camaraderie and structure. Loneliness is a real risk. The office can also be a dynamic place in which ideas bloom. When you’re sitting before your screen with only the dog or cat for company, it’s hard to focus.
(Excerpt) Read more at americanthinker.com ...
Today it's a "commercial real estate crisis!"
There are a lot of Chicken Little's on this forum.
For NYC he’s very good IMO. For example: Mitt Romney would be an good Senator from California. But from Utah he’s horrendous.
For NYC he’s very good IMO.
I’ll give you that.
Many financial and law firms including the one I work for require in officer 3 out of 5 days a week. It’s not just the 100% WFH who are impacting the numbers. Interestingly enough the PATH and the MTA 4/5 are very crowded with only Fridays seeing a noticeable drop off.
Granted it's not at rush hour but all trips inbound were at about 10AM on a weekday.
Who is the chairman in China?
The current president is Xi Jinping, who took office in March 2013, replacing Hu Jintao.
https://en.m.wikipedia.org › wiki
President of the People’s Republic of China - Wikipedia
Thanks for telling us something we already know. But how is this relevant to the topic of this thread?
Hu’s on fist? Exactly!
Ooops...meant “Hu’s on first”.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.