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venturecruelty 5 hours ago

This isn't even a conspiracy theory, it's just true. I mean, some of it is definitely induced attrition (you always want the expensive people to quit, in the Milton Friedman cinematic universe), but the rest is that the commercial real estate market would collapse tomorrow if businesses couldn't justify their 10- or 15-year commercial leases. Not for nothing did endless headlines about how "going into the office is super cool, actually" run in our most august financial publications, like WSJ and the Economist, right around the time RTO mandates started showing up.