Reply to RTO in many cases is the height of hubris.

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[quote=Anonymous][quote=Anonymous]WFH is hard for the younger workers who miss out on some aspects of learning on the job and informal mentoring.  [/quote]

Definitely. But for most white collar workers who spend their day in front of a screen, 1-2 days in office is the sweet spot.

3+ days per week in the office has no real tangible value-add and I would argue has diminishing returns.

It will be interesting to see what happens when office leases turn over in the 2025-2028 period when the current attractive lease renewals inked in 2021-2022 start to expire and the commercial real estate owners need to refinance. Office rents will spike to pay for the interest expense and most companies will just decide to consolidate their square footage.

Interesting analysis of office lease length: https://urbanland.uli.org/inside-uli/sponsored-posts/the-big-short-for-office-leases-what-do-shorter-terms-really-mean-and-will-they-last/

[twitter]https://twitter.com/I_Am_NickBloom/status/1729557222424731894?s=20[/twitter]

My long term prediction is that graph starts ticking upward again as current CRE leases mature and companies have to pay rents that reflect the new interest rate environment. Womp womp.[/quote]

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