At what point do we (tech workers) move out of the bay?
When you calculate your real wage with respect to cost of living, are you doing that much better than say a geologist in Texas? Sure we can save a little bit, but buying a home just isn't happening for most of us in the Bay area.
I come from Phoenix where housing costs are relatively reasonable (median home price in Phoenix is about $250k). You can do fairly good for yourself making just $75k in Phoenix. Or in other words, in terms of home buying ability, a $75k salary in Phoenix is equivalent to a $250k salary in the bay area. (These are ballpark guestimates, I didn't actually do the calculations).
So, the question is, are you really getting paid that much?