Both offer benefits.
Having just recently started going out to an office again, I found that I was less motivated to leave the house on days when I knew I could get done what needed to be done at home. Home provides alot of comforts and office does not.
But like EC said, when the office environment is "laid back", and quirky things happen which takes away the duldrums of working alone from home.
On evenings & weekends SK and I work from home together...
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