The corporations figured out it’s cheaper to have their people work from home. Many of them are never coming back to the offices. Whoever owns office space is royally hosed.
CC
Companies will not re-new their long term leases....
# The corporations figured out it’s cheaper to have their people work from home. Many of them are never coming back to the offices. Whoever owns office space is royally hosed.
Yup. I’m amazed at whoever is still investing in office space. I don’t see that sector recovering any time soon.