[dead]

Big insurance and finance companies are ordering people back into the office because they are trying to keep the commercial real estate market, in which they are heavily invested, from a total collapse.

Long-term, it’s a lost cause.

[ClearCase_guy]

Yup. I think this is at least 80% about the real estate value. It’s not so much about getting warm bodies into the office.

[Hambone 1934]

You’re right..It is all about the bottom line and the building not going by the way of San Francisco hotels.......

[1Old Pro]

Big insurance and finance companies are ordering people back into the office because they are trying to keep the commercial real estate market, in which they are heavily invested, from a total collapse.

Many own large headquarters with about 20% of their normal attendance, it really makes the building empty. But, this happens over time. GE once had something like 30,000+ employees in downtown Schenectady NY, I think now they have 5,000

[Vendome]

Insurance companies have very large portfolios of Real Estate they own and manage, in addition to those they insure.

[usconservative]

Big insurance and finance companies are ordering people back into the office because they are trying to keep the commercial real estate market, in which they are heavily invested, from a total collapse.

Hey dead! Great to see you!

You're 1,000% right. They're trying to prop up the REIT's because that's the next big collapse and they know it.

[minnesota_bound]

1/3rd of San Francisco office space is empty.... for multiple reasons but still!