Also, consider the possibility that a company like Facebook moves its primary office to VR in ~10 years. Not putting a probability on that, but we’ve never see

Also, consider the possibility that a company like Facebook moves its primary office to VR in ~10 years. Not putting a probability on that, but we’ve never seen a teleconferencing platform with eye contact and body language before. I have no idea if that’s the limiting factor, but it seems at least plausible. FB, Google, and Apple will almost certainly all be selling $500 devices that can do those two things inside of 5 years. Is that enough to disrupt physical offices? I don’t know. But the probability is not 0. Personally I doubt ‘p(by 2030 one tech giant allows most workers to choose to work in VR)’ is < 0.1. I’m going to price that into any Bay Area property valuation I make. How many people are only here because their office demands it?