I think a big missing dimension of the return to office campaigns of large companies is the other pressures these organizations are facing. The pressure to retu

I think a big missing dimension of the return to office campaigns of large companies is the other pressures these organizations are facing. The pressure to return to the office is not coming from management; it's coming from investors who own a bunch of commercial real estate and local political machines. There is certainly some desire for controlling the workers. But for the most part this is about access to the cash flow commuting workers generate. The Mayor of New York for instance has made many public declarations about everyone needing to get back to the office, but this is just one public example. Any city has these same pressures, they're simply more acute in NY. Unless you go back to the office you won't spend a ton of money you wouldn't need to otherwise. This is the crux of it.