A lot of times, when people discuss the phenomenon of employers ending work-from-home and try to make their employees come back to the office, people say that the motivation is to raise real estate prices.
I don’t follow the logic at all. How would doing this benefit an employer in any way?
Because if you move up the ladder far enough, they’re all the same group. Mister X sits at the board for companies a, b and c, but he also has a real estate portfolio. He’s not the one spending the money for these companies to return to office but he has a vested interest in people returning to office in general, so he lobbies for it wherever he can. Simplified example but you get the gist.
That’s really not how it works. In the same industry sure. But not across vastly different industries like tech, legal, government, etc and real estate.
I would suggest you to check out warren buffets portfolio
Warren Buffet is not typical of CEOs. He’s an icon for a reason.
Warren Buffett is not directing resources from his position in one company to enrich himself in another company that he may have large personal holdings. That is one of the few ways shareholders can get around the safety of a corporation and sue a director.
More to the point, the board of directors are going to be extremely interested in the actions of Buffett if they think he is trying to enrich himself at the cost to their company.
Using him as an example that is.