I agree that in many cases not having a permanent office may bring cost savings but the question I would ask is why are so many people still having to get on trains to go to meetings because, to quote my members "you get so much more done face to face".

In addition while being freed from time constaints might be great in some ways, the cry I hear from many is that the work never stops they find it great when they finally have an office so they can just go home

Finally many of the start ups who I work with feel very isolated and have found working in a Hub to be very motivational.

So all in all, without walls yes, without an office I think the jury is still out.