With gas prices crossing $4 a gallon, the EPA says cheaper, more ethanol-rich fuel will ease the pain. The math doesn't really add up—but the risks sure do.
Thats a part of it, but I think the biggest thing is they know that once work from home gets normalized, commercial real estate is going to tank and make what happened in 08 with subprime mortgages look quaint by comparison.
The big time real estate developers dont care about residential property, and more and more Space For Lease signs are showing up everywhere. If work from home becomes the norm they stand to lose a fortune and they will do anything in their power to prevent that.
I also believe there is some tax incentives for businesses getting butts in the seats at their brick and mortar workplaces too. Like on-site facility deductions and such.
Oh im sure…empty office buildings slowly decomposing isnt a good look for an areas local economy.
If we weren’t run by monied interests wed be offering tax incentives the other way to get more people off the road but that doesnt keep us all dependent on fossil fuels so that’s right out the window.
Thats a part of it, but I think the biggest thing is they know that once work from home gets normalized, commercial real estate is going to tank and make what happened in 08 with subprime mortgages look quaint by comparison.
The big time real estate developers dont care about residential property, and more and more Space For Lease signs are showing up everywhere. If work from home becomes the norm they stand to lose a fortune and they will do anything in their power to prevent that.
I also believe there is some tax incentives for businesses getting butts in the seats at their brick and mortar workplaces too. Like on-site facility deductions and such.
Oh im sure…empty office buildings slowly decomposing isnt a good look for an areas local economy.
If we weren’t run by monied interests wed be offering tax incentives the other way to get more people off the road but that doesnt keep us all dependent on fossil fuels so that’s right out the window.
Also cities provide tax incentives to corps to get bodies in downtown areas supporting the restaurants and shops