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Those numbers don't add up, but there are others that do: thousands a month for more space + less productivity loss after an initial shock period could be a potential equilibrium.

Ah, but is there a productivity loss only initially? I'd argue the productivity loss will remain. After a while developers may get used to the lower productivity as a fact of life and not report it as such.

I know I got used to a lower productivity after spending some time in open offices. Then one day I was sitting in a private office again and felt my productivity surge and felt: "WOW! This is the way programming should feel like!"

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