My 2 cents, companies are effectively asking to increase working hours by 5-10 hours per week for most workers assuming a 30-60 minute commute each way. Many employers will try lure workers away from the office with remote work. These firms may offset any hypothetical productivity costs with lower wages. Some engineers will prioritize remote for the larger employer pool, and others will prioritize in-person for greater social connection.

We'll see what happens in 20 years. But my money is on a resurgence of the rural village and a lot of empty office towers.