this post was submitted on 15 Aug 2023
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Asklemmy
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I don't think there's some shadowy Illuminati organisation behind it. They are pretty blatent when they manipulate things.
That said, I do think there are a lot of investors and analysts that have come to the same conclusion and are talking to each other and passing info to their clients.
Well, maybe you know something I don't, but I'd expect most rich guys would be happy to save on office costs for themselves while still collecting rent from other rich guys, if they were personally okay going remote.
Sure, but if everyone who can goes remote, all that rent money dries up. Most also don't directly own buildings to rent, but rather have investments in companies that do. If those other companies go under then they lose money on investments. I don't have any inside knowledge though, this is just the conclusion I've been able to come to. Other than just being control freaks.