There will always be places that are safer, more fun, better schools, etc. Proximity to work opportunities is only one factor. Also, commercial real estate can

There will always be places that are safer, more fun, better schools, etc. Proximity to work opportunities is only one factor. Also, commercial real estate can shift to co-working spaces which will have higher demand as more companies move remote (many people prefer that than working from home, esp if it's a short commute and paid by their company). I think the biggest impact would be on the suburbs as families would have more flexibility in picking where to live. We'll likely see some price drops but as he mentioned I don't think we will see dramatic price drops. Not to mention that most companies still plan to go back to the office when things reopen. Might be too early to make predictions about remote work.