At home, the benefits are extreme. Full office, private bath, private bed, private kitchen, garaged parking, asset security, and a 30 second commute. The next wave of office workers will want it better than this, or it simply won't work.
I think a lot of people on here have not been through a real recession. Not saying that everybody will go back to working in an office, but thinking one can simply demand anything only works when employment is high. During a recession, it is either social assistance or one takes the job that is available.
This is only true for people who don't have essential skills at a high level. For senior people, this won't be a problem. I cleaned up during the last two recessions, partly due to the prevalence of M&A activity during recessions, and was able to buy property cheap at auction post 2008 due to high foreclosure rates.
If you're just starting your career in a recession you're pretty screwed, if you're mid-career with a specialized skillset that is essential to core business function, you'll be completely fine.