I’ve had the flu. Covid is way worse. We’re already in the new normal; nobody is going back into the office if they don’t have to and that alone will force a r

I’ve had the flu. Covid is way worse. We’re already in the new normal; nobody is going back into the office if they don’t have to and that alone will force a realignment of American life. We were slowly headed that way before Covid anyway, the pandemic just made it happen. Companies requiring knowledge workers to be onsite are having huge levels of attrition because the employees have options. One of my clients who was very eager to get back into the office and tried forcing the issue in Q3 last year has seen 40% of their engineering staff quit over the last 6 months, and are having a hard time finding replacements. They made the decision just before the holidays to switch to a remote-first model and downsize their offices. This is happening, and it’s going to crush commercial real estate.