My Microsoft HQ friends tell me Redmond is in the same boat.
A lot of millionaires from Microsoft competing for a relatively small supply of homes close to the office, and everyone else commuting for miles and miles.
The Eastside is not that expensive yet, unless you want to live on the water, have a view, or buy one of the gated slums out there on Lake Sammamish.
Downtown Redmond and surrounding communities still have 1 bed, 1 bath apartments at cheap prices ($600 to $700), and a newly built apartment with 3 bedrooms near the MS campus can easily be had for $1800 to $1900 a month.
When I worked at MS in Redmond, I lived in Seattle and my commute was 25 minutes. I knew people who had houses in Redmond, and their commute was around 5 minutes. This is not "the same boat" as Cuptertino and MV.
MS has moved so much out of Redmond, pushing employees to Downtown Bellevue & opening up a satellite office in Vancouver, BC. Its quite a change from just a decade ago, but apparently talent retention is better in Bellevue than out in the hinterlands of Redmond.
Then again, I don't think I'll ever take a job or live on the Eastside, perpetually trapped in my car!
Downtown Redmond and surrounding communities still have 1 bed, 1 bath apartments at cheap prices ($600 to $700), and a newly built apartment with 3 bedrooms near the MS campus can easily be had for $1800 to $1900 a month.