M500 , 6 months ago

I think this is because the reason to get people to get back into office was to protect commercial real estate values.

Now that the third tallest tower in LA sold for 45% its previous selling price, the dominoes have started to fall.

Now, it will be about getting people to work from home and trying to get out of these buildings as they are a failed investment.

So we are going to start seeing companies “offer” to let people work from home. They may even ask you to take a pay cut or something for the privilege.

This is just my prediction and I’m not an expert in these fields. So take this with a grain of salt.

If you are working in an office by force and they offer to let you work from home with a pay cut, I’d hold out a few months as they may start forcing people to work from home at full pay.

Ilovethebomb , 6 months ago

I think this is because the reason to get people to get back into office was to protect commercial real estate values.

I keep seeing people make this claim, but I never see any evidence to back it up. Large businesses usually lease their office space, so why should they care how much it is worth? And the ones that do own their buildings, probably aren’t planning to sell any time soon, so why should they care?

The whole thing just sounds like nonsense to me.