It seems like for most entry level engineers ranged at $100-120k who wants to live in a one bedroom apartment in SF, a 30% off in rent could potentially be better than 30% cut in salary, considering the current tax rate.

In China, there have been attempts by startup companies offering employees sleeping pods near the office, while providing water and shower so that the employee can simply stay around the office during the course of a year long employment with occasional "offsite" airbnb living. But unfortunately such attempt was shut down: https://www.techinasia.com/china-napping-pods-startup-forced...