>Also, when a recession hits, it seems like the first offices a company closes has are the ones on a short-term lease at a co-working space.... Apartment rents

>Also, when a recession hits, it seems like the first offices a company closes has are the ones on a short-term lease at a co-working space.... Apartment rents spiked during the last financial crisis because people downsizing increased demand for them. It's entirely possible that downsizing companies might want to retreat from leases to smaller WeWork offices during the next one.