309
Return-to-office policies are driving people to sell their homes - even at a loss
(finance.yahoo.com)
this post was submitted on 14 Sep 2023
309 points (97.8% liked)
News
22642 readers
5088 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
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
I know lots of companies are handling the wfh and return to office situation poorly. But to provide a counterpoint, at the start of covid, I led all the engineering teams in a large organization with dozens of sites. When we went to wfh we made it clear that we were authorizing remote work with the contingent that the team could be called in as needed, not to move outside of the area, and not to travel more than two hours away when on call (1 week every two months) etc. Sometimes things break bad enough you need the team's to be physically present at a location, or doing major border device work, etc.
Either the organizations didn't message properly, or a lot of people moved despite being told that the wfh wasn't a permanent remote work accommodation. I'm all for remote work and hybrid, etc, but on a personal level buying a house outside your commute range while knowing you might get called in someday and being brown to your job... just poor decision making.
Fwiw, I approved permanent remote with for all my staff who didn't have any physical responsibilities. For those whose jobs involved any physical infrastructure, the best a could do was hybrid with no minimum number of days in office, just come in as required for the work.
I wonder with these types of stories. The people were either lied to by the company, which I don't ever see mentioned, or settled down without making sure they could. If you're signing a mortgage and not thinking beyond a few years then it's partially on you. Partially because covid lockdowns were a crazy time, companies weren't communicating well because they didn't have a plan, and recent RTO policies aren't for the reasons the company claims.
Given the prevalence of bad management, I'm sure some people were lied to, or the manager believed wrongly that it would end up being permanent, etc. However, anyone who moved and signed a mortgage without a signed remote work agreement was making a heck of a gamble. None of my folks did that, and in my overall division I only knew of one person who moved without a signed agreement, and they ended up being let go of. The funny thing was, for that person, they likely could have gotten a full remote work accommodation if they had put the request in because as a developer they had no physical infrastructure to touch.