5 years. We’re already hiring people with the intent of them being 100% remote when before we wouldn’t have considered hiring them. I think it’ll drive wages even higher for the most talented people, because it broadens their potential number of employers.
Do you really think Twitter and Square will be the only to go 100% remote? Facebook is going 50%. Employees overwhelmingly prefer it. Tech companies are always saying it’s difficult to find talent. Why require employees to be in a physical office if they’d be happier working remote? Companies that embrace it will have an advantage recruiting.
Collaboration is honestly over rated, and companies had far too many meetings. Now engineers can focus on actually coding. We’ve even gone to 2 hours a day where meetings are banned and no meetings on Friday. Engineers are most productive when they have uninterrupted deep work time. As long as the team still has daily stand ups it’s fine. Everyone is in the loop. Our sprints are 2 weeks, so if someone is slacking everyone will know fast. It’s not like waterfall where you can hide your progress for months.
To be sure, housing markets are very much a local issue — what’s happening in New York is not the same as what’s happening in Texas, especially as both have been hit differently by the pandemic. And just because the market seems like it’s okay today doesn’t mean it will be tomorrow, especially with all the uncertainty surrounding the coronavirus and the economy.
We know, we know.
“The long-term question is what happens to the unemployment rate, to GDP, how many restaurants go out of business, how many retail shops go out of business, how many malls, casinos, airlines close down,” Pinto said.
Does it matter? Only marginal ones go out of biz, is a good rejuvenation. New ones will replace them.
“That means overall inventory is falling, which means prices aren’t falling that much. That’s why the sky is not falling for home values, because there’s not a lot of supply,” Olsen said.
IOW, has not settled to a normal behavior. Is still a tug of war between sellers and buyers. Wait n see
“Forbearance has stopped defaults; otherwise, we would have seen a wave of defaults,” said Susan Wachter, a professor of real estate at the Wharton School at the University of Pennsylvania.
“It’s not hitting the for-sale real estate market as hard as people might think when they see 40 million people have filed for unemployment. The majority of those have been temporary and done by renters, so we’re still seeing the core component of housing demands remain relatively strong,” he said.
TikTok has about 400 US employees, most in Culver City, Calif. Its expansion into Manhattan, where it had only a small office, is a big step forward for the company.
WFH is gathering momentum. May be not at inflection point yet, so some bloggers may be like a frog being cooked by warming water. When the trend is obvious, it becomes difficult to sell 7x7 at a reasonable good price. Frankly, I want to sell my rental in SV but the significantly other half rejected my inarticulate reasoning. So I am is only price plateau
I coughcough know someone who did this it for 5 years 2005-2009, never got caught. It was actually beneficial for both employers, as this SWE gained knowledge from working in 2 teams. The individual’s new ideas got recognized and were rewarded ($).
I’m not sure about more than 2 jobs though… this “person” had to go into the office every day, not really WFH… IIRC, it was an 80-20 split between the 2 positions.
Might also be difficult while on H1B. I got my Green Card in 2005
There was a pretty famous one where a guy worked at ford and Chrysler. He worked 12 hour days (6 at each). He’d only taking morning meetings at one and afternoon at the other. He got caught because he drove a ford prototype car to work at Chrysler. They have a special license plate that says “manufacturer plate” on the bottom. Someone at Chrysler called and reported it thinking it was stolen. That led to investigating the vehicle, and he got busted. He did it for about 2.5 years. I met someone who was on his team at ford. They said he was performing average to above average work. He’d leave for the afternoons to go do testing. His testing was driving to his other job and them home.
With WFH and gig economy, can easily do many jobs/ projects under different bosses/ companies. If not legal, is time to push for it to be legal. Any companies want sole “Ownership” has to pay a premium
Unless you’re super ambitious most people don’t want 2 real jobs. Maybe some side projects here and there but most people are already complaining about lack of work life balance.
In an era when the companies treat an ex-employee as an asset, that will be a welcome relief. Talk about the non-compete clause. I think the non-compete clause is the biggest impediment in free markets for professionals. I do not know how prevalent is the non-compete clauses these days.
rubbing it in?
RE is bye bye unless we can be certain about the impact, really hard to predict how people will behave.
is gathering momentum. May be not at inflection point yet, so some bloggers may be like a frog being cooked by warming water. When the trend is obvious, it becomes difficult to sell 7x7 at a reasonable good price. Frankly, I want to sell my rental in SV but the significantly other half rejected my inarticulate reasoning. So I am 
is only price plateau 
