I'm not so sure about this one. I remember visiting the Bay in 2003 and housing prices took my breath away. Now, of course, it's stupefying. I think salaries h

I'm not so sure about this one. I remember visiting the Bay in 2003 and housing prices took my breath away. Now, of course, it's stupefying. I think salaries have increased dramatically since that time frame, creating the perception of relative affordability for previous years. I think the % of home price increase has been fairly constant (except for the market crash). Who knows what may happen in 10 more years! Home prices may still yet double, but then entry level SE positions may be going for 400-500k!