> You are competing with folks who can now work from home, and have the space to do so effectively. Is that good or bad? No, it just is.

Also, out of curiosity, how far would you be willing to take this sentiment? I'm originally from Poland - if I could live there and still earn my current US salary, I'd probably be able to buy one apartment every year and still have money left over to live comfortably. So, should you actually compete with others? If so, are you OK with them undercutting you? Would it be good or bad if they did? :)