this post was submitted on 06 Aug 2023
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[–] prole@sh.itjust.works 3 points 1 year ago* (last edited 1 year ago) (1 children)

Government officials either owned or had friends own office buildings and it made monetary sense for them to force workers back to the offices.

Even that is sunk-cost fallacy. If they own the buildings, that means they're already paid for. The only money they lose is theoretical and non-existent.

Edit: In fact, it costs them more money as you have to pay for utilities, maintenance, overhead, etc. when you fill a big building with people 5 days a week.

[–] reddwarf@feddit.nl 2 points 1 year ago (1 children)

Some collect rent from sub companies, some have fears of devaluation of buildings if not occupied, etc. Plenty of angles where the lost money.

[–] prole@sh.itjust.works 5 points 1 year ago* (last edited 1 year ago) (1 children)

Right, theoretical money. "Opportunity cost." They're not losing anything, they're missing out on potentially making more.

Boo hoo

[–] reddwarf@feddit.nl 1 points 1 year ago

Hey, I agree. It is about corrupt officials and businesses who want to make more. I’m not burning a candle for the (perceived) plight of these monsters 😀