Dare Obasanjo on Nostr: It’s hard to shake the notion that return to office policies aren’t the result of ...

It’s hard to shake the notion that return to office policies aren’t the result of a prisoner’s dilemma related to commercial real estate.

If people stop needing to drive to downtown office buildings to work, that causes them to be less valuable. This is a meaningful financial loss if you own the building.

So everyone who owns commercial real estate has a financial stake in office buildings continuing to be used and hence valuable.