Do you know many young people who would love to live in a quiet suburbia over a busy city with lots of things to do? They, of course, exist, but they aren't the majority. I doubt that remote work will suddenly make every young person appreciate the quiet suburban lifestyle, and lead to suburban towns being heavily populated by young people.
The thing is, do young people want to spend their youth and efforts "reimagining" this (the effects of which they won't even see, even in the most optimistic scenario, until they are well past their youth)? I know that I, personally, don't. And it seems unlikely that a lot of young people would be willing to latch onto this kind of "opportunity" either.
It isn't even about "white picket fences", it is about the number of opportunities around, which you only get with high population density. Which is the antithesis of the suburban style of living.
That is once we stop making buying a home the most significant financial decision of everyone's life, also, as real estate collapses after centralisation is removed as a key ingredient.