The research firm’s top property economist likens the decline in office demand to what malls have experienced over the last six years—and sees a similar outcome.
Yeah, I’d guess this is the real reason driving many companies to force a return-to-office. Nothing to do with productivity at all; just shoring up their property values.
Yeah, I’d guess this is the real reason driving many companies to force a return-to-office. Nothing to do with productivity at all; just shoring up their property values.
100% that and tax breaks for having people in the city for work.