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The $2.5 trillion question[a] is whether companies will ever go back to using as much office space per person as they did prior to the pandemic, given that: *
by cs702 7y ago
The $2.5 trillion question[a] is whether companies will ever go back to using as much office space per person as they did prior to the pandemic, given that:
* they can save a ton of money by using less office space per person going forward, and
* so far, they are seeing equal or better productivity from remote employees, as this article points out.
The question answers itself, I think.
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[a] That's the estimated value of office space in the US: https://www.reit.com/data-research/research/nareit-research/estimating-size-commercial-real-estate-market-us https://www.reit.com/data-research/research/nareit-research/...