This will be my last post to this forum, I'm not interested in hearing opinions of others who think ideas are 'stupid' or in 'cloud cuckoo land' when we simply asked who was doing it and how it goes for them (we did not ask for opinions of the idea). As stated above, people are doing it so your opinion is irrelevant anyway.
Fyi Ive just spoken to my management and they've agreed partial payment for the commute. Maybe it's because I'm distinguished in my field and they don't want to lose me, maybe it's because everybody who works for this investment bank lives in cloud cuckoo land, either way it's a possibility for us.
Thanks to all those that offered constructive help.