Hi SecondWing,
I had to look up the term! Sorry. Yes, it is quite common (that's why it has a name!).
A friend of mine didn't manage to get a new academic position after moving cities, but as a couple they have a better quality of life in the new place now.
Some other academics work from home most days of the week and commute two-three days etc. Commuting in these cases varies from 1 to 3 hours. This is particularly true for London academics that are often out-priced by the rent. In those cases they are flexible, but that might not be achievable if you are lab-based.
Hope it works out for you.