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by chippy 2178 days ago
this is the wework model. Instead of the companies running the offices, the companies pay the workers to use 3rd party offices.
1 comments

It’s the AWS model applied to real estate: move that $$$ from CapEx to OpEx, woot!
Office leases were always OpEx mang
You're right, I was thinking Old Businesses who actually bought their real estate (long-term thinking, such madness!)
As it so happens, in the long term they were all dead.