Business leaders are feeling the impact as high housing costs have curbed labor mobility, return-to-office plans and the ability for employers to recruit in places like Silicon Valley. One CEO recently told me that he held off on asking employees to come in every day because he knows how far some have to commute and how hard it would be for many to give up stable low-cost mortgages to buy a home closer to headquarters.
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Contact CEO Daily via Diane Brady at diane.brady@fortune.com
