Can we stop with the hyperbole? Even at current rates with a bit of rise, the lowest livable salary is doubtful to go over 100K - heck I can budget right now to

Can we stop with the hyperbole? Even at current rates with a bit of rise, the lowest livable salary is doubtful to go over 100K - heck I can budget right now to live in California (with no savings) at 50K. The rich aren't that dumb. The most important things (like medical, fire, etc) will rise accordingly with demand. Restaurants may shift more towards the high end, but that will mean matching tips (for the few that can get a job there). I dislike the unregulated free market a good deal but even I can admit it will adjust before any critical situation affects the rich. Again, those most affected by these dynamics the most will be at the bottom of the pecking order. Should we fix this? Of course. Are we all on the verge of not being able to live in California? No way.