this post was submitted on 30 Jun 2023
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Honestly this seems like a best case scenario to everyone except whoever has to pay rent on the office lol
My thoughts exactly!
Just to be a pedamt you mean the person paying rent to.....the person paying the rent should be happy they can downside and reduce it soon..
It is those receiving rent and those that those recieving rent owe loan payments to that are getting squeky bottomed on their investments.
...or whoever owns the office itself. Office real estate just finished a $500 billion collapse and it's about to get a whole lot worse:
https://fortune.com/2023/05/25/office-space-crash-harder-than-expected-remote-work-economy-cre-crash/
I don't even know about that. Since not everyone in the company needs to be in the office at the same time, they can downsize to a smaller office without making it too uncomfortable.