In the financial services industry, we have operating leases with many vendors. We lease Bloomberg Terminals, which provide real-time market data, news, in-depth security and market research, and insightful analytics that traders and analysts utilize to make quick decisions and to provide information to clients. Many of the technologies we use are also leased. We utilize a vendor for our record-keeping, cash management, and banking services. The benefits of leasing these technologies are that we can always upgrade to the latest and better technology. The pricing among competitors for a specific service must remain competitive in order to maintain our business; otherwise, we can jump ship to another competitor that offers the service at a better price. My company also leases many buildings to meet our vast hiring needs. The advantage of this is that we are not stuck in a specific location; we can eventually move locations if we wished to do so. On the flip side, the company could be missing out on the appreciation of the buildings in a prime location. In our current times, lessors might be on the losing end if many leasing companies plan to move their workforce to work from home permanently. The need for leased buildings will fall drastically. True or false and explain?