People in other areas don't respond very well to highly paid workers relocating to their neighborhoods and raising housing prices. I'd guess that as soon as this gets many people to move, sentiment turns and it vanishes.

You can build more houses.

That only scales to a point. Other side-effects of a larger population, like increased traffic, are harder to address than just building more houses.

>"Other side-effects of a larger population, like increased traffic"

Remote workers don't commute though. Vermont's population has also been declining for years though and before that trend it was stagnant for decades[1]. Also if you've been to Vermont you know there's plenty of room to build there.

[1] https://www.burlingtonfreepress.com/story/money/2016/12/29/v...

That seems like less of a problem if all the new residents are working remotely though, yeah? There would of course be some new traffic, but it wouldn't be a huge mass of people commuting to the same place.