Drop the sarcasm, it's annoying and obfuscates the dialogue.
WFH employees get paid too, we're talking about the differences between costs of WFH and WFO externalized to the employee, which are not trivial e.g. commute, access to wider and cheaper housing market, all the associated stresses etc.
> As a manager it seems to me that WFH externalises one of the most expensive costs to employees: office space.
I would agree on principle but there is a circularity here. The cost of own housing used as office space is directly related to how expensive the housing was. In Bay Area the marginal cost of a 3rd bedroom could be $XXXk while anywhere else it can easily an order of magnitude less. Then it is not necessarily as the most expensive item anymore.
The more office time employers demand, the more spatially concentrated the work force is going to be housed, which will increase the cost of that extra bedroom.
Turns out concentrating the work force is also aligned with the sunken real estate investments those BigCorps had undertaken. You can bet as we look higher in the corporate hierarchy, the likelihood of personal real estate investments increase too. So it is a balancing act of those influences vs. the projected attrition rate of the workforce, who mostly did actually like WFH. That's how we landed on the unstable-as-hell equilibrium of hybrid WFH-WFO for now.
WFH employees get paid too, we're talking about the differences between costs of WFH and WFO externalized to the employee, which are not trivial e.g. commute, access to wider and cheaper housing market, all the associated stresses etc.