Remote work is solving the housing shortage already though, through opening up living to much wider geography (and locales that don't impede building, such as TX and FL). It will just take a decade or so to normalize.
In-person work forced people to compete over limited housing in small areas
All those cute picturesque towns in the Mountain West don’t have a large supply of homes to begin with, so it only takes a few wealthy Californians to seriously upend the local market with wages paid much higher than what locals can get for their skills.
