[fennecfoxen]

"If there is cash to be had, it'll raise the cost of everything."

If there's cash to be had, it'll rase the cost of... some things.

First of all, obviously, of real estate, because there is a finite stock of developed real estate, there is finite land nearby (especially in San Francisco), the short-term supply curve is relatively inelastic (i.e. it takes time to build apartments) and the long-term supply curve isn't that elastic either (because local governments limit construction through the political process).

And then that will push up the price of things with real estate as an input (e.g. restaurants and grocery stores) and with labor as an input (also restaurants and grocery stores and other things in the service industry)....

But that's about it. Some things will remain cheap. You can buy the same cheap electronics and home furnishings and digital media off Amazon.com as anyone else does.