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Office, We Don’t Need An Office: The Big Point

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

Hybrid work arrangements have become the generally accepted compromise for businesses.  While it is not as common as it had been during the pandemic, it remains a prominent solution.  The resulting reduction in office space needs will diminish the value of office real estate and will exacerbate the commercial mortgage default rate in the near and intermediate term.

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