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Great point.

I've been wondering -- if commute times suddenly become close to irrelevant, because most hours worked are remote, that changes a ton of housing calculations, right?

Remote work is over-represented in tech though, so I don't know how much of the population it will really effect, since we're primarily a services economy.

Not sure what the effect size is, but if I could easily live anywhere it'd probably be more remote.

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Sure. There are advantages to being within range of a major city for the occasional day/evening trip or weekend: eating out, airport, theater, health care, etc.

That said, some of those things are less of a big deal for some people than others and stretching the distance to, say, a 2 hour drive increases the area that you could potentially live in enormously if you don't need to worry about a commute. (And for a rare visit to an office, you can just stay at a hotel if you're normally remote.)

Of course, for some, there are advantages to living somewhere that is truly remote.

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