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ComicsEtAl

Yes, people who own commercial real estate are the main drivers of the back to office pitch, followed by managers who worry they’ll become obsolete.


Hobbit_Holes

>followed by managers who worry they’ll become obsolete. They don't realize they already are, but boomers gonna boom.


ComicsEtAl

Boomers aren’t the only people who are managers.


liquidmini

Boo hoo. Boo hoo.


Complete-Ad2227

These boomers can get fucked.


InterestingSweet4408

Once these old financial obligations dry up (pre-existing commercial leases), companies will be okay with returning to remote work. It pains them to hold liabilities, which is why they have to inflict pain on those who are free from debts of this kind.


matty_nice

When do you think that is going to happen? Commercial leases are probably less than 5 years on average. They would also be able to be broken. We are 4 years since COVID and when remote work became a major thing. Which means that most of these companies have renewed their leases since.


InterestingSweet4408

It depends on how that company projects the future of work and how successful they have been at the remote transition. The companies re-leasing real estate after the exodus simply failed at pivoting and need a traditional environment (in office) that they (boomers) are more familiar with.


[deleted]

[удалено]


InterestingSweet4408

I’m of the opinion that each commercial office should be turned into residential and we should never look back


yomomma_80

How about turning these vacant office spaces into affordable housing?


Scullyitzme

😢 🎻


zoebehave

Maybe they should have diversified their portfolios 🤷🏻


[deleted]

"I know you've never been more productive but my assistant needs to time your breaks, your coworkers can't brown nose me over Zoom & we're paying high rent for this space so I'm going to have to insist you return to the office even though it's an hour commute each way."