Replying to Avatar Thevin Campton

Remote work is the e-commerce of the office property market - both have disrupted traditional business models and are forcing real estate/businesses to adapt.

"A recession will allow CEOs to force their employees back to cubicles! They'll be begging for jobs!"

No guarantee.
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Thevin Campton 2y ago

Cutting costs is no small feat for companies. Elon Musk knows it. It's why he's closing some offices and reducing one of the biggest expenses after labor: office rent.

WFH may actually increase in a recession for the cost-cutting benefits alone.

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