this post was submitted on 30 Jun 2023
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Moving to: m/AskMbin!
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Still full time remote. I do miss the face-to-face contact with my co-workers, but do not miss my 2 hours a day bus commute.
Prior to the pandemic, I had a couple of co-workers who were already full time remote and everyone was allowed to work from home a couple of days per week. But during the pandemic we recruited nationally, so there's no way my company can put the WFH genie back in the bottle. They're currently talking about right-sizing our office needs and building collaborative spaces; another sign we're not going back.
That right sizing has the financial markets running scarsd. Just like the 2008 home.mortgage securities crunch...the commercial property mortgage securities are about to tank and they were sold as much more secure than even how they faked the '08 mortgages.
That correction is going to be a mess. My company headquarters are in a medium-sized US city. We own (and used to occupy) two downtown office building, a mid-rise and a high-rise. Right now both buildings are mostly empty, with little prospect of them being occupied in the near future.