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jnordwick10/12/20244 repliesview on HN

I'm going to need some data to prove this. I keep seeing this claim, but have not seen anything more than conjecture. There are just too many factors for this, and you would have to believe that a company is willing to throw away money for this to happen.


Replies

EasyMark10/12/2024

There are tons of articles out there about mayors/council members/ etc pressuring execs to get butts in office seats for the past few years. I don’t know if that counts as data to you or not, but they are relatively easy to find in a google search.

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jagged-chisel10/12/2024

They already threw away the money by purchasing real estate and falling for the sunk cost fallacy.

Or they’re on the hook for a lease for the next five years and it will cost more to break the lease.

Companies waste money all the time. I don’t think it’s a stretch to think they did or would waste oodles of money on purchasing or leasing their offices.

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hackernewds10/12/2024

2/3 of corporate real estate are empty and the commercial real estate market is due for a major crash. a lot of assets on companies balance sheets are for the offices that they own. or leave empty while leased