People in the office sector are either getting really nervous or should be considering it.

“We know writ large looking at all kinds of occupiers, occupancy across the country seems to be around 40%, 45%,” Darin Buelow, princi-pal and global lead for location strategy at Deloitte Consulting, says. “If we don’t have a recession, I would not expect that number to move up over the mid-40s very much.” If there is a recession and significant layoffs follow, maybe employees will be worried enough about losing a job that they agree to come in regularly.

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Erik Sherman

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