When you go 100% remote, you have a massive potential workforce, orders of magnitude more potential employees than those that happen to live within commuting distance to the office. The reason you go 100% wfh is because then all of the systems and relationships are tuned to remote work, which when done right is far superior to the daily office grind, middle management hell, “how was your weekend” small talk, documentation via dropping by someone’s desk…
Wfh will ultimately win here because it’s far better suited to information work than being ever present physically in a pseudo-factory.