[phrogdriver]

Growing up in the midwest prior to working FAANG in the Bay Area, this is my exact experience. With a graduate degree and making ridiculous money, I and my peers had no realistic path to homeownership on any reasonable time-scale in the Bay. Family members working HVAC, plumbing, electrician or other skilled blue-collar jobs in low-cost of living areas bought beautiful craftsman bungalows within walking distance to a decent school for $80K. Professionals with either no student debt or a few thousand from land-grant state university degree paid off in 5-7 years. This has knock-on effects to family formation and number of children. Many of my high school classmates had their first kid at 24-25 and have 3-5 kids now, versus Bay Area average of what seems like 1-2 starting in your late 30s. When you feel like you can finally afford it. I started making plans to leave as soon as I got there, it truly was "structurally hostile to families."

[troupe]

You make a very good point. People dramatically underestimate how much more you need to make in the Bay Area to have the same quality of life as living in low cost of living areas.