Or, as many do today, companies will keep much of their office space in the suburbs both because of rent prices and because it’s where most of their employees including execs want to live.

I commutes into the relatively nearby city both by rail and car at one point. Wouldn’t have done it long term and probably wouldn’t again without buying a small property in the city for during the week.

Added: Companies will do whatever makes business sense. But potential employees who would find commuting into a city location a nightmare is a factor. As of course is new grads who insist on a location they can get to without a car.