[nkohari]

People have been raising the bogeyman of "off-shoring" engineering jobs since the 90s. The reality is that it's always going to be incredibly hard to do collaborative work in an asynchronous fashion, and timezones are an immutable reality.

More remote work is much more likely to cause a diaspora of workers from large cities, causing downward pressure on salaries in major metros but lifting salaries elsewhere. Unless demand for software engineers stalls -- which seems awfully unlikely for the foreseeable future -- it seems more likely that the median salary for American engineers will increase.