RTO doesn’t improve company value, but does make employees miserable: Study::Data is consistent with bosses using RTO to reassert control and scapegoat workers.

  • TORFdot0@lemmy.world
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    9 months ago

    I don’t get this logic though. How does having a fake illiquid value for RE holdings make sense on the books?

    If RTO doesn’t increase value, then no one is going to up the lease at market value and so the property is going to lose value when push comes to shove. Wouldn’t you just take the depreciation now and write it off on your taxes if you own the building? If you are the lessor, why wouldn’t you keep pushing WFH so you can get a lower rate if you decide to renew the lease at expiration?