True but the remote employee probably isn't coming to Victoria. Lots of other beautiful places on the Island and mainland that are much more affordable. In fact I am hearing from real estate pros that young people are starting to move out of Victoria downtown and back to the burbs / up island reversing the trend that started a while back.
I'm interested in this question and yes it could be a big demographic shift!
I worked 60-80 hours/week including a 20-45 min commute in the GTA. If the research is correct, we're confirming:
1) people are more productive working from home
2) they miss their coworkers
3) the consensus is 2-3 days a week at the office is the right number.
Hell, I would have lived 2-3 hours away from Toronto, maybe on the shores of Lake Erie, where I could buy peace and quiet (you can hear the QEW from every house in Oakville) and a much more beautiful place to live. I'd work a 12 hour day on office days and probably sleep in a dirt cheap hotel for one night a week.
So... where will people go and what will that do to cities? If the moves start happening I predict we'll be amalgamated within a few years and I wonder if y'all are considering why. Where does Victoria get the money to pay for their extended-playdate, dogmatic pet projects? How do we afford 2 poets, a communications department that would embarrass a city twice the size, a massively growing liability for the expenses of managing this incredible purchase of public housing, and so on and so on? We get this money by taxing the small business owners a multiple of the homeowners, by taxing the homeowners and by user fees. So downtowns will shrink, businesses will be fewer and it's much, much harder to raise property taxes on individuals because they vote.
Helps and her immature crew of hopeless academics are staring into the abyss...