This is right on the money. I think the 'trick' to getting a satisfying remote position is to use WFH as a bargaining chip. For instance, I was living in Seattle and I wanted to live in Portland, where it's more affordable. When I started WFH, I traded a pay cut for the opportunity to WFH. It all worked out; my place in Oregon was about 70% as expensive as what I would've paid to live in Seattle.
It was a win-win; they were able to hire me at a discount, I was able to move to where I wanted to.
Agreed. I think one of the reasons that my employer wound up retiring their WFH program was because the value of the real estate cratered.
IE, if your plan was to let people WFH, then sell the buildings they used to occupy, that plan is going to go south if the value of the building drops by half.
It was a win-win; they were able to hire me at a discount, I was able to move to where I wanted to.