Sam Zell Says WeWork Will Have to Shrink its Footprint

The video discusses the impact of WeWork and other coworking companies on the office space market. It highlights the growth and challenges faced by these companies, including potential shrinkage and job losses. The discussion also covers the viability of traditional real estate models versus the WeWork model, emphasizing the importance of valuation and market dynamics. The video concludes with insights into the real estate market's health and the role of coworking spaces.

What impact has WeWork had on the office space market in the United States?

What are the potential consequences of WeWork's shrinkage on the office space demand?

How do established real estate companies differ from coworking companies in their business models?

Discuss the valuation challenges faced by coworking companies.

What factors contribute to the health of the real estate industry despite potential office price collapses?