Honestly, I've seen so much glowing praise about WeWork in the financial press all year that several times I've questioned (even on here) how much of it is paid

Honestly, I've seen so much glowing praise about WeWork in the financial press all year that several times I've questioned (even on here) how much of it is paid for. It simply does not make sense to me, for several reasons including the ones that you raised. It's such a common sense thing to me that WeWork would stuggle in a market abundant with vacant office space. I almost feel like I'm shouting that the Emperor Has No Clothes. ---- What makes everyone think that corporate landlords facing unfathomable vacancies won't be able to hyper-aggressively compete with WeWork on short-term leasing, internet and amenities for tenants? They have much more leverage than WeWork does in terms of floor construction/reconfiguration costs. In such an environment, WeWork would not be able to lease and make money and would likely have to transition more of its portfolio to owned-properties, slowing its growth and subjecting the company to more risk... Companies like Convene are much better suited to what's coming than WeWork is as suitable meeting space is likely to come at a premium.