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?
This certainly is part of it. I worked for a company that got huge tax breaks because they promised to hire x number of employees. Then they put in a hiring freeze and the city had to fight them for the taxes they now owed.
This was long before the pandemic but I'm sure this happened a lot