This would just permanently entrench existing wealth structures. Gated communities will be celebrating at what you suggested. It would be the end of economic mobility. Great for the long tail, not so great for those left of the power law.
If the remote working and education trend continues, location will be more or less irrelevant.
We've been seeing the slow death of rural communities for decades so the status quo doesn't seem to be of much help to them. Some reverse migration back into these communities and a trend away from increasing centralization into a few rich cities should only help their economic prospects.