@Carnival-Boy said in Is Real Estate Actually a Good Investment on Average?:

Oh, and "water cooler" time is good for generating trust and forming bonds within teams, which is essential.

My experience is that it does the opposite. It creates cliques and promotes the idea of promoting for socialization rather than for results. I think good, skilled workers who want promoted based on merit see it as sowing distrust... a mechanism for those that aren't as capable or as ethical to avoid work while "schmoozing" the bosses.

Yes, if you want bad employees to trust each other, it's good. If you want to have employees you can trust to protect your business, it's bad.