That's one take, it's not an unreasonable one. The internet was always going to enable people to perform information work remotely. It was all a matter of the

That's one take, it's not an unreasonable one. The internet was always going to enable people to perform information work remotely. It was all a matter of the process and how long it was going to take. Covid accelerated it, but it was already happening. There was no equilibrium before, just a lot of resistance and legacy social structure keeping the inertia going. With covid, that resistance was shown to be mostly substanceless, and now the inertia is preventing going back. In the end, there will be a premium paid on any work that requires someone to be at a specific location, and jobs that don't require it to be able to do the job itself won't pay that premium. That's my take. It's basically the opposite of yours. I would not invest in office properties.