this post was submitted on 18 Oct 2024
571 points (97.8% liked)
Technology
59534 readers
3223 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This makes zero sense.. If you're a cloud company why can't employees be in the cloud
Because real-estate is physical money.
But that's something I don't actually understand, since real estate would fall under the sunk cost fallacy. Ie, if you've invested in real estate, the cost is spent already, right? Whether someone comes in that building is irrelevant. The costs spent to maintain, heat, clean, power the buildings, on the other hand... It's just not really obvious to me. Seems like fewer people would cost cheaper, no?
If you're using that real estate as collateral for loans, it needs to maintain its value, or you'll have to put up more collateral