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?
This makes zero sense… If you’re a cloud company why can’t employees be in the cloud
Because real-estate is physical money.
as a client this this tells me they aren’t all that confident in their product
Them fixating on nerd asses in seats wasn’t creepy enough to sway you yet?
No they purport to sell cloud services, but require their cloud employees to be onsite.
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