Comment by highcountess
Comment by highcountess 3 days ago
I suggest you dispel of this notion that the players in this game have any sense of rationality or logic about this topic. There are massive (many trillion) commercial real estate interests at play here that totally trump all productivity, health, and even the holiest of holy climate change benefits. I don’t think people quite understand the real order of priorities and issues related to remote working. The big corporations are under both pulling and pushing pressures from the government and interests that control it to “put butts in seats” in big commercial real estate. They don’t care about anything else and they are throwing around money and fear to whip everyone into shape.
Yes, there will be some pressure pushing back and dread by corporations stuck between the ol’ rock of competition and the government-favor hard place, but it is unlikely to win out at the corporate level unless some real independent competition rises that is putting on massive pressure by not having commercial real estate capital expenditures.
A small office in a city can easily cost $1M per year, sure there are tax benefits, but they’re not benefits if you are competing with someone that does not have those expenses at all or far fewer, even after paying for team meetups that also fund a family vacation.
I suppose I can imagine that there's C level pressure from their relationship with a mayor of, idk, Palo Alto for a headquarters, or a new build in Austin, but couldn't that also be offset by pressure from smaller governments in areas that are looking to do "digital nomad" revitalization?
Various aspects of the Taiwan government, including the national level, are engaging in big digital nomad pushes. Small counties like Taidong in particular have been actively exploring revitalization through incentive programs, exploratory "hacker house" type events, and engaging with NGOs in the field to advise on how they can get more digital nomads into their county.