Before Covid and since the early 1990s, many companies already had flexible work schedules that allowed for office workers to telecommute, hoteling programs for desks and offices and work at home Fridays. But since the pandemic, flex work has become the bane of the office asset class, with many believing it will prove to be disastrous for office landlords and lead to a downward spiral in demand. 

This is not true and will not happen. Ninety-five plus percent of employees want to return to the office for the following reasons:

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