the worst part isnt even in the article. Now that companies in places like LA and NYC know productivity doesnt take a hit from remote work, and remote packages

the worst part isnt even in the article. Now that companies in places like LA and NYC know productivity doesnt take a hit from remote work, and remote packages are a selling point for hiring managers, they can sunset their leases and walk away from slumlords pushing overpriced office space. Fortune 10 and 50 companies will probably mandate everyone go back to work because theyre heavily invested in the type of real estate that could crucify them in a crash, but for the 99% of remaining employers the choice is an absolute no brainer. The small architecture firm, the payment processing company, local accountants and underwriters will all ignore the shot across the bow from elites and save a ton of cash in the process. Its not about if but when at this point. Biden sent all the federal workers back to the office but it isnt going to be enough. Elites are going to take a bite of what could wind up being a nearly trillion dollar shit sandwich they cooked up in their own kitchen.