Cracks may be beginning to form in the WFH (Work From Home) movement. We've been suggesting to our clients, both tenants and landlords, to not overreact to WFH yet. Employees may behave different after the pandemic subsides and as things go back to "normal". After that, Work From Home, may not be as widespread as office landlords feared.
Jack Kelly, senior contributor at Forbes writes, "In an interview with the Wall Street Journal, Netflix cofounder and co-CEO Reed Hastings said, 'No. I don’t see any positives.' Hastings added, 'Not being able to get together in person, particularly internationally, is a pure negative,' when asked about the benefits of working from home. [....] 'It’s probably six months after a vaccine. Once we can get a majority of people vaccinated, then it’s probably back in the office.' "
Check out the article here!
