• In the past decade, many services have been created to reduce people’s exposure to other human beings, which people are willing to pay a premium for.
• Remote work shifts financial burdens that once fell on employers onto employees, yet employees don’t complain and even celebrate.
• This has caused a crisis with office space downtown and a deepening of America’s structural housing crisis.
• Remote workers are spending extra money on rent or mortgage for extra space, which is essentially a $12,000 haircut in their total annual compensation.
• People should think critically about what they’re giving up and what they’re now paying for themselves.
Published January 21, 2023
Visit Freddie deBoer’s Substack to read Freddie deBoer’s original post Remote Work Shifts Costs From Management Onto Employees