Conversely, if more employers start hiring remote, we will have remote employers competing against other remote employers, which will increase compensation. And

Conversely, if more employers start hiring remote, we will have remote employers competing against other remote employers, which will increase compensation. And this is the reason I’m vehemently pro-remote. People fear loss more than they welcome gain. There is a lot of demand for good engineering talent and there just aren’t enough engineers with these skills. While many people fear that remote would decrease salaries in high col areas, I believe the opposite will happen. Of course the second order effects are somewhat difficult to predict. If you can get SF salaries in eg Ohio, it might reduce the number of people flocking to SF reducing the talent pool.