But given that the homes exist anyway, from a pure monetary basis the home office ends up winning pretty much every time. (To be sure, not everyone has a home office they'd be comfortable working in full-time.) The issue, one of them anyway, is that F2F communication is a lot more interactive, higher bandwidth, and encourages unstructured interaction. I do a lot of conference calls and other forms of telecommuting but it's still enormously useful to go into the office a good chunk of the time.