I work remotely. I rent an office. It's only about 3.5 miles from my house, so my commute via car or bike is rather short. I don't have a space at my house w

I work remotely. I rent an office. It's only about 3.5 miles from my house, so my commute via car or bike is rather short. I don't have a space at my house where I can do my job effectively at home. Renovating my house to make such a space would incur costs which would exceed a few years of rent at the office. So from a risk reduction and net-present-value point of view, renting the office is cost effective. If I end up renting the office for a decade, then it won't end up cost effective. But I've never stayed at any job for that long before so I assume my job situation will change in a few years. If my job changes such that I am required to report to a physical office which is not the one I currently rent, I can cancel my lease (with 3 months notice). This provides me with good flexibility and minimizes my risk, my upfront costs, and any need to remodel my home. Having an office where other people are around also gets me to socialize for a small part of the day.