They've had many opportunities to do that over the years, and instead left the space to stodgy providers like Regus. Some might try to address it now, others w

They've had many opportunities to do that over the years, and instead left the space to stodgy providers like Regus. Some might try to address it now, others will just unload their assets or look to partner with someone to do it for them. It's not a given they'll want to be the ones taking the risk - ironically with WeWork likely to be one of the things making some of them wary of starting their own. Better to let someone else burn other shareholders money if it doesn't work. But ultimately, irrespective of political clout, there's only so long you can shore up a glut in supply before there will be a push towards e.g. residential conversions and the like. I agree with your skepticism with respect to WW's ability to be the one to profit, though.