Personal investments in Bay Area housing by senior execs.
Wanna bet upper management and board members spend some of their money buying up nearby or distant-but-commute-friendly property just before a new "campus" is announced? Not the actual land the campus will be built on, of course. That would be a conflict of interest.
The Gov of New York has basically come out and said exactly that.
Looked it up, came up with this[0].
[0] https://www.msn.com/en-us/news/us/ny-gov-kathy-hochul-says-p...
Getting your ass kissed all day can not feel the same remote as in person.
You can't replicate remotely the feeling of taking the elevator to your office with everyone you pass on the way knowing you are a big deal in the company.
This is all about "collaboration", wink wink.