> So why the rollback? Most of this rollback is being driven by Private Equity firms who are heavily invested in commercial rel-estate and without staff in offices that rel-estate is tanking. These firms have been purchasing private companies and then steering them to lease properties they own for decades. This is also why Private Equity started investing in residential rel-estate, they're double dipping. If employees have to go into the office then they need to live near that office.

Not only that, but also to maximise control over employees. Companies want powerless employees, even if that means a bit (not a lot) less profits now.