Sounds like you are focusing on exceptions like SF Bay Area and to a lesser extent Seattle. There aren’t that many SWEs in the world and there are always profes

Sounds like you are focusing on exceptions like SF Bay Area and to a lesser extent Seattle. There aren’t that many SWEs in the world and there are always professions that make exceptionally high income vs rest. The problem you are describing is most acute in the peninsula because of concentration, lack of new development, unwillingness to densify to meet demands, lack of rapid interconnected public transit and some geographic restrictions (once you leave the peninsula, commute becomes very bad because you either have to cross a bridge or go all the way around the bay). The WFH/remote is actually good for this problem as it reduced concentration and enables wealth to be a bit more spread out where it’s less impactful to the local communities. Of course, in resort areas we got concentration again (because of shallow supply) and many of the ills came back. Hopefully things stabilize a bit more on that front and a semblance of affordability is achieved.