Rents will find a level for this. It seems interesting that in NY, which overindexes for executives, the office market is not coming back and will have to reduce supply significantly. Is this rule being applied outside the c-suite?
I think there are massive practical issues with remote work. But I am not sure there weren't significant issues with the: paying $10m/year in rent, so your manager can look up and see if you are at the desk...and, presumably, working.
I think there are massive practical issues with remote work. But I am not sure there weren't significant issues with the: paying $10m/year in rent, so your manager can look up and see if you are at the desk...and, presumably, working.