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Also their investment portfolios. I don't suspect any grand conspiracy, but I do think a lot of asset managers have had chats with high net worth individuals a

Also their investment portfolios. I don't suspect any grand conspiracy, but I do think a lot of asset managers have had chats with high net worth individuals and gone over just what the collapse of the commercial real estate market would look like for them personally, especially with the stock market being so shaky as of recent. I suspect these causal conversations are behind a large number CEOs return to office strategies (in addition to justifying their office investment as you mention) as well as Malcolm Gladwell's sudden revelation that working in an office is super important for everyone who is not him.

asdff 4y ago
The commercial real estate market has no reason to collapse. In these cities with a lot of vacant office space, like NYC today, what do you also have? Enormous demand for apartment housing. Land owners never lose money in these hot markets where apartments are leased the day they are put to market. Your building could burn down and it doesn't matter, the money is in the deed to the dirt and the zip code, and the potential rents that this piece of dirt in this zip code can yield based on the zoning of the property.