Sorry, but I don't buy it. As someone who's worked via remote for 25 years, I've never gained or lost a client based entirely on my location. And the ones I've lost due to cheaper bids? More than half of them came back, unhappy with the results.
Any sound employer is looking for quality. I've been offered many jobs I had to turn do because of my unwillingness to move. So for people like me? It's going to open more opportunity.