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Clearly the so called office Technology company WeWork was not future ready. Nor are office real estate people.

This is quite literally the worst case scenario for them. I've been morbidly curious what the knock-on effect of a meltdown in CMBS bonds and other securities would look like.

As an aside, since employees are now responsible for their work environment, how do we factor that into pay and/or possible tax write-offs?

Remember that scene in "The Accountant" movie where the accountant says "No, the company's truck" meaning that since the truck is kinda used to carry some fluff that the family eventually sells, the truck gets a special tax status. In other words, since you use half of your house as an office, can you deduct half of your mortgage from taxes?

Love that movie, love that scene in particular.

Not half your mortgage exactly, but this has existed for a while: https://www.irs.gov/businesses/small-businesses-self-employe...

People in the UK have to be wary of that because it can leave you liable for capital gains tax.

https://www.gov.uk/tax-relief-for-employees/working-at-home

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