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Companies would also then be incentivized to invest in and lobby for better affordable housing in the communities their offices are located in/around so that employees at all pay scales have affordable options within a few miles of the office.
They could even set up close by company shops, where you could pay with company issued tokens, along with clinics, amenities, and private security for the urbanization…
https://en.m.wikipedia.org/wiki/Company_town
Which is why I also advocate for laws keeping corporations/business out of residential property ownership altogether.