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I agree this not a private sector overall trend, but seed for the thought experiment.

Recent news and surveys do indicate significant change expected in remote work changes and real estate footprint changes.

"Large companies already expect more of their workers to continue to work remotely and say they plan to reduce their real estate footprint, which will, in turn, reduce the foot traffic that feeds nearby restaurants, shops, nail salons and other businesses." [1.]

This is part of data from a deport by Deloitte [2.][3.]:

> "In a year, 75% of CFOs expect more of their workforce to work remotely and nearly half expect a smaller real estate footprint."

[1.] https://www.nytimes.com/2020/05/21/business/economy/coronavi...

[2.] https://www.prnewswire.com/news-releases/deloitte-cfo-signal...

[3.] https://www2.deloitte.com/us/en/pages/finance/articles/reope...

Regarding salaries due to support expensive city lifestyles: True, I would like to see how remote-first companies handle hiring people in such cities.






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