This is another trend worth watching. Telecommuting is not new, but it is fair to expect that the need for employees to congregate in a central office location will rapidly decline as collaboration technologies improve.
We could see a significant redistribution of people over a couple of decades. What I haven’t worked out is the impact on urban house prices – this directly impacts me. My guess is that prices will remain resilient in the great urban capitals of the world and may well increase in specific areas offering high connectivity and quality of life. Many other areas will suffer as demand falls away.