(True also for Los Angeles, though at least that has the Pacific Ocean)
This is the (not so?) subtle quality-of-life aspect that people seem to forget when mentioning other cities as alternatives.
The Bay Area isn't popular/expensive solely due to network effects. Climate and geography (nearness to ocean, mountains) make it comparitively more appealing than the alternatives, for a variety of ages and lifestyles.
Austin is way nicer than Houston or Phoenix, not sure about Atlanta. Acutally Austin/San Antonio pretty much has the nicest weather in texas. I'm from fort worth and fort worth gets both hotter and colder than austin - climate wise it's the california of texas (austin also has comfortable levels of humidity unlike houston).
This is the (not so?) subtle quality-of-life aspect that people seem to forget when mentioning other cities as alternatives.
The Bay Area isn't popular/expensive solely due to network effects. Climate and geography (nearness to ocean, mountains) make it comparitively more appealing than the alternatives, for a variety of ages and lifestyles.