I moved to a small island community that is near a cosmopolitan metro area of 3 million or so people - just a short ferry ride away. Before the pandemic, commut

I moved to a small island community that is near a cosmopolitan metro area of 3 million or so people - just a short ferry ride away. Before the pandemic, commuting to work from the island would eat 3-4 hours a day of your life, so it was not a feasible option for most people. When work-from-home started last March, a steady flow of city folk started migrating, paying top dollar for the very limited stock of homes available here. Prices surged 40%. Locals who rent have been leaving just as quickly, priced right out of the market. When the pandemic is over and WFH policies are tightened, I'm sure some people will migrate back after they discover how horrid it is to commute for hours a day. But I sense that WFH is the new normal and so this transformation is likely long term.