This will indeed be very interesting to watch out for. Speaking from experience, WeWork has a high turnover rate — VC-money-hungry startups line the hallways, c

This will indeed be very interesting to watch out for. Speaking from experience, WeWork has a high turnover rate — VC-money-hungry startups line the hallways, coming and going accordingly. I don't think the established, boutique firms and agencies constitute a large enough chunk of their business to support them in a recession. Their rent is just too high to capture the frugal companies who'll be the survivors of a poor market; lowering prices might save them, but I don't know how well their model accounts for this.