Commercial realestste makes up a significant amount of rich people’s investment portfolios. And if people stopped needing office space the property would devalue and those rich people would lose easy money.
So they have all collectively agreed to force their workers back to the office I order to keep the real estate values up and keep their investments positive.
Also rich can afford to have a investment in busy city areas while regular folk can get a house in urban areas at best. And work from home is leading people to the urban areas where rents are less.
Commercial realestste makes up a significant amount of rich people’s investment portfolios. And if people stopped needing office space the property would devalue and those rich people would lose easy money.
So they have all collectively agreed to force their workers back to the office I order to keep the real estate values up and keep their investments positive.
Also rich can afford to have a investment in busy city areas while regular folk can get a house in urban areas at best. And work from home is leading people to the urban areas where rents are less.