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#Remote #Work #CRASH #Coming #Prepared
Remote Work CRASH is Coming! (And No One is Prepared)
The US Remote Work Collapse is coming. And it could result in a big Economic and Housing Crash across America. Especially in certain cities.

Over 30% of job applications are now to remote positions according to data from LinkedIn. That’s over 10x higher than pre-pandemic levels. But these jobs are going to certain cities more than others. Bend, OR, Asheville, NC, and Cape Coral, FL lead the way in having the most remote work jobs.

Florida in general ranks highly. North Port/Sarasota, Tampa, Orlando, and Jacksonville also all rank in the Top 20 for Remote Work jobs. Perhaps not so coincidentally – the Housing Markets in these cities have boomed over the last 18 months as more and more people flee expensive, coastal cities.

But there’s a problem with remote work – and it’s that supervisors/managers don’t like it. Over 70% of supervisors say it’s easier to manage employees in the office. While over 40% say they sometimes forget about remote workers when assigning tasks.

On top of that – corporations around America are now dealing with sky-high rates of job quitting (the Great Resignation) to go along with increased wage pressures. The bedrock is laid for many of the companies to take “Remote Work” to the next logical step and outsource these jobs to countries such as India, Ukraine, and Nigeria.

You can think of remote work in America as a form of outsourcing. During the pandemic many remote jobs were “outsourced” from tech hubs like San Francisco to cities like Raleigh and Austin. But soon I suspect many of these jobs will be outsourced out of the country.


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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

0:00 The Remote Work Collapse is COMING
0:49 2021: The State of Remote Work in US
1:41 10x Increase in Remote Jobs!
2:25 Managers and Supervisors Hate IT!
3:24 10 Million Job Openings: Workers are Winning
4:04 The First Step: San Francisco to Raleigh
5:07 The Next Step: Raleigh to India
5:46 Outsourcing: a Refresher from Manufacturing Exodus
6:20 Top 20 Remote Work Havens (LinkedIn)
7:12 Benefitting from Remote NOW. Suffering in FUTURE.
8:10 Not IF, but WHEN. Corporate Cost Cutting.
9:04 $7/Hour on Upwork for Data Analysis
9:59 Declining Wages. Jobs Losses. Housing Crash.
10:54 Not EVERY Job Will Go Overseas
11:53 Make Sure to DO THIS!

#RemoteWork #MarketCrash #HousingCrash
remote work

The US Remote Work Collapse is coming. And it could result in a big Economic and Housing Crash across America. Especially in certain cities.

Over 30% of job applications are now to remote positions according to data from LinkedIn. That’s over 10x higher than pre-pandemic levels. But these jobs are going to certain cities more than others. Bend, OR, Asheville, NC, and Cape Coral, FL lead the way in having the most remote work jobs.

Florida in general ranks highly. North Port/Sarasota, Tampa, Orlando, and Jacksonville also all rank in the Top 20 for Remote Work jobs. Perhaps not so coincidentally – the Housing Markets in these cities have boomed over the last 18 months as more and more people flee expensive, coastal cities.

But there’s a problem with remote work – and it’s that supervisors/managers don’t like it. Over 70% of supervisors say it’s easier to manage employees in the office. While over 40% say they sometimes forget about remote workers when assigning tasks.

On top of that – corporations around America are now dealing with sky-high rates of job quitting (the Great Resignation) to go along with increased wage pressures. The bedrock is laid for many of the companies to take “Remote Work” to the next logical step and outsource these jobs to countries such as India, Ukraine, and Nigeria.

You can think of remote work in America as a form of outsourcing. During the pandemic many remote jobs were “outsourced” from tech hubs like San Francisco to cities like Raleigh and Austin. But soon I suspect many of these jobs will be outsourced out of the country.


CHANNEL MEMBER:
INSTAGRAM:
TWITTER:
CONACT US:

DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

0:00 The Remote Work Collapse is COMING
0:49 2021: The State of Remote Work in US
1:41 10x Increase in Remote Jobs!
2:25 Managers and Supervisors Hate IT!
3:24 10 Million Job Openings: Workers are Winning
4:04 The First Step: San Francisco to Raleigh
5:07 The Next Step: Raleigh to India
5:46 Outsourcing: a Refresher from Manufacturing Exodus
6:20 Top 20 Remote Work Havens (LinkedIn)
7:12 Benefitting from Remote NOW. Suffering in FUTURE.
8:10 Not IF, but WHEN. Corporate Cost Cutting.
9:04 $7/Hour on Upwork for Data Analysis
9:59 Declining Wages. Jobs Losses. Housing Crash.
10:54 Not EVERY Job Will Go Overseas
11:53 Make Sure to DO THIS!

#RemoteWork #MarketCrash #HousingCrash

48 Comments

  1. Root cause says:

    Please use a little bit of common sense and logic

  2. Congratulations dude, you had one of the worst takes in 2021.

  3. I Ended says:

    Who is this clown?Quiet ur incel a$$ down boi. YOU ARE WORKING FROM HOME!!

  4. You are completely wrong. Management needs to be train better or let go if they can’t adapt. Production and output is more important than some easily replaceable manager. Production and output has been way better at my company than when everybody was in the office. It’s cheaper to have people work at home. Outsourcing some jobs are impossible. Thanks for your awful gaslighting video.

  5. Is just your opinion dude

  6. I would join but the button doesn’t work. My move to Asheville was rudely interrupted by CA remote workers. My builder stopped working on my house. Now I know why. I can’t thank you enough. My realtor got me into a big mess costing me energy and time so I NEVER BOUGH ANYWHERE. Your work is now pretty much guiding me. I lost one million dollars trying to move to Asheville pre-COVID. I certainly had no clue I would so poorly treated S a NC native. Trauma Foster parent, and it seems reasonable that my $500,000 build became someone from CA’s $900,000 build. I became bewildered and exhausted, got sick and M rethinking Asheville as a “nice place to live.” Asheville is horrible. Have been rear ended, asked if I stole a cookie in a hotel, and watch as two men living in the house I was going to live in work remotely. Asheville was once a very kind place with mannered people. Now it’s traffic jams, rude children, insulting parents and California values, so if CA stays, I don’t care. I won’t move there until it reverts back to the kind of place I’d like to retire. Mystery solved. Thank you. People are leaving there as we speak because the standards are so very very low.

  7. Phil says:

    This guy is totally full of s**t; six months later and it hasn’t happened. Josh fluke ripped this guy a new one

  8. The World has gone MAD…People are shooting up Schools,Grocery stores,Movie Theatres…In a Minute nobody will want to leave their homes.Gas Prices are ridiculous and some people have Car notes for a car they’ll barely drive.

  9. andy reyes says:

    good video because elon musk just said Get back to work or find another job

  10. One thing people don't realize is that remote workers are the first to be laid off when there's cutbacks.

  11. stlguy1976 says:

    Question is – are companies really saving that much if they offer hybrid and in office work? I can see the cost savings if companies go 100% remote and litteraly have no one working in their office spaces

  12. So, are you completely looking iver how jobs have been outsourced to other countries?

    Let's put it this way. There is NO collapse coming. How do I know? I'm an IT Professional. The firm I work with hires all around the country. The only reason why management doesn't like remote work is their own incompetence. There is no tug of war either. It's common sense.

  13. Frosty70 says:

    I think you need to provide sourcing for your claims. My experience as a people manager is the opposite in every way that you are claiming.

  14. Wow, I've been reading these comments for 15 minutes and not one agreed with the video.

  15. This are some terrible assumptions. I just found this channel, but I hope for his sake that his other videos are better, because this information is just way off.

  16. P L says:

    There is some legitimacy of wanting to rein in remote workers for the benefit of the local communities—especially larger companies—otherwise they risk turning into "ghost towns". Also, some face time is beneficial to both the employer and employee, so a hybrid may offer the best of both worlds.

  17. Anthony N says:

    LMAO this dude is full of shit

  18. B Cuz says:

    YouTube trash ye

  19. M says:

    Lol pretty stupid video by a pretty stupid sounding guy. Consulting my ass. Your channel and your video quality output is reminiscent of shit 5 minute YouTube ads that I smash the skip button harder than I curb stomp cockroaches… Most fuck nuts like hairless ballsack skinhead here who are “consultants” make money from corporations who are too apathetic to really care but have deep pockets.

    If you are a worker whose job can be done remotely, but your company is threatening to force you back on-site, find another company. There are recruiters flying overhead like vultures looking to snatch up talent. Cuz you know what? If they can head hunt talent and place them in smarter companies they make $$$…

  20. Larry Peteet says:

    I have been an Independent Software Engineer for the past 20 years (M'Soft Tech Stack). Currently a Senior Developer at a major US and Intl Bank.
    Many places I have been at, large companies, in the past 5 years, have not increased their number of Remote Off-shore workers. Thoughts of Mgmt are that they are slower due to communication, time differences, etc. Very few SME's Currently employed off shore. I have managed Off-shore workers and enjoyed it and kept them involved more than some would. Regarding non citizen on-shore workers, I have seen a LOT of that, 95%+ from India. That is partially a Shame as there are a lot of young American Developers who would love the job and would work very hard to hone and broaden their skills IMNHO.

  21. Larry Peteet says:

    Ridiculous Manager that forgets a remote person is available for work!

  22. mattack182 says:

    So much BS in one single video my godness!

  23. kingsson says:

    I don’t care if managers don’t like it. I don’t care if they can’t adapt to their new role. That’s not the employees job.

  24. Seta-San says:

    you didn't really make an argument for going to the office. all this outsourcing and offshoring of jobs was happening before remote work was a thing. it will happen after remote work too. you made an argument that corporation are profit maximizing machines. if that's what they are do you really think having the employees there so the boss can see them will soften the corporation's little machine heart? i don't think so.

  25. Lower wages appropriate for where remote workers now live is already on the table. Pay was appropriate for their San Francisco location, but not their Florida or Alabama location m. Should be interesting to see what lower pay does to this question. If you live in South Carolina, they will probably drop your pay to that areas norm.

  26. neil12011 says:

    There is a crash imminent, and it’s for middle managers. They no longer have any real purpose. I got so much more done working at home the past few days. No distractions, no commute, put on some music and cranked out some really decent output. Even in the office, our meetings are on Teams/Zoom. Fully support remote work where it’s applicable.

  27. i like that joshua fluke called this out

  28. Lee B says:

    Dead wrong on so many levels. Covid forced old school management to change how thier companies work and I do not think we are going back. They need to adapt and now they are forced to if they want to compete for the best talent. I think some companies will stubbornly try to go back to the old days and there will be an exodus of there best talent to thier competitors.
    Its time for businesses to elvolve and management to adapt instead of falling back on lazy old ways of thinking. Those that do this will out perform those stuck in the past.

  29. software engineering manager here: the guy clearly has no idea what he is talking about…
    remote work benefits both common employees and companies. only the middle management doesn't like it, because it now becomes clear how useless and incompetent they are.
    furthermore, globalisation of job market will happen regardless: allowing your local employees to work remotely has nothing to do with it.

  30. Michael 2073 says:

    Anyone who is ok with having the OPTION of remote work taken away from them is a corporate CUCK.

  31. It's cheaper and efficient for companies run their business with remote workers. If the managers and supervisors are having problems managing/supervising, then they should train these managers to keep up on the cheaper trend of workstyle. Or better yet replace them with new managers that who can.

  32. KaMiKaZee says:

    So all the 800 employees that worked on boats and had their jobs outsourced, they should just find ANOTHER job to commute to because it's SO much more easy to replace remote workers than it is to fire and replace 800 employees at once? This isn't a one off either.

  33. I don’t understand the logic of this video. Why does a company (especially are large corporation) make a decision to outsource based on wether or not people come into the office? They outsource if it is cheaper to do so whilst maintaining a minimum theoretically acceptable service level to the business (reliability, resilience, quality, intellectual property security, prevention of fraudulent or extortion activities). This channel is mainly about property and has some good insights into this area. However this guy is probably engaging in some subconsciously driven wishful thinking here. He wants commercial property to bounce back after C19 because that’s where his interests are. WFH is changing the nature of CBDs and other office intensive zones. For the most part these places won’t die they will just change their use somewhat. There has been a change coming with WFH since the early 2000s it’s just that C19 moved the thrust leaves to full Mil power with afterburners. We (all involved) did in about 5 months what would normally have taken 5 years to achieve. This WFH revolution was coming anyway it’s just here sooner, hence the wishful thinking of middle managers who are looking like they are not needed anymore and commercial office real estate investors.

  34. Steve G says:

    Your delusional most companies are submitting to either hybrid or full remote staff. And no one thinks like or believes you on this just shows how out of touch you on this topic and how much of a corporate shill you are. Lol

  35. JJ Gangi says:

    This is one of the dumbest analyses I’ve heard in my life.

  36. Juan J says:

    bruh this guy looks like he taking too much oxycodone

  37. Arkon DNB says:

    Here is an economics 101 lesson for you . no consulting fee this time. here is what happens to san francisco tech company that doesn't allow workers to be based in north carolina . their competitor does . Because they understand the nature of the technology that is enabling the distributed workforce and the efficiency and productivity increase it brings they attract better workers , often for slightly less wages as their workers do not have to live in high cost of living areas like san francisco . they have less costs and overheads because of their distributed structure and make more profit . these companies flourish and multiply while the old companies that don't wither and die. because this is not just about workers saving time , this is about a fundamental revolution in the information work place that benefits workers and companies

  38. Michael says:

    Wow – this guys doesn't know what he's talking about. Don't listen to this clown.

  39. Karl Jaeger says:

    Businesses need to understand remote workers are the future. Cut your costs by selling your buildings, leasing back smaller space (if its even necessary) and reducing general office expenses and your profits will rise – even with your existing revenue numbers. Having remote employees is hardest on the managers. Managers easily fall into the trap "If i don't actually see you working you must not be working". That's not a problem with remote workers, its that they simply don't have good management skills. There are plenty of ways to measure productivity and these methods can be applied equally, whether the employee is in the office or not. Look at large corporations which have business presence in multiple states in the US or even foreign countries. These CEOs and their subordinates manage remote people. I know people that work in HR departments for companies that allow remote workers and they specifically target companies that don't and are taking their employees.

  40. No reputable company would replace a full time employee with contract terms, esp. if that employee possesses rare knowledge or get exposed to company projects.

  41. Ottzel says:

    This argument of "you could be outsourced" has been repeated for years and it's all just a bunch of horse shit. Quit your bullshit.

  42. Guilherme says:

    Don't know how is for others, but for me I get job offers from recruiters weekly and I refuse immediately when it's an onsite position. And I have already seem some recruiters complaining on LinkedIn that the onsite positions they post get significantly less applicants than the remote positions.

  43. James Brooks says:

    so to get this straight, remote work is going to collapse because people who admit that they are incompetent at their job don't like it?

    ok

  44. Nieczerwony says:

    Only one shitting their pants are managers and similar as they are realising their shut is nearly obsolete.

  45. Roland Burda says:

    This video is full of BS, sorry to say that. If a company wants to outsource, they will do it regardless if you work in the office or you're remote. If a company wants to hire someone who works cheaper, they will hire that person and fire you, regardless if you work in the office or you're remote. Etc..

  46. Potato says:

    this video didnt age well

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