You're missing an obvious real estate incentive: where people live. Often in very nice school districts, which they don't want to see depreciate in value due to

You're missing an obvious real estate incentive: where people live. Often in very nice school districts, which they don't want to see depreciate in value due to an outflow of people to different communities. People moving into rust belt cities and revitalizing them is great for the nation, but may come at the expense of someone who's highly leveraged into a $6m 3 bedroom in the Bay Area. If productivity were the goal, then open plan offices would have been abandoned a decade ago after the nth study showing how poor they are for worker health, happiness, and productivity.