The housing market in SF is definitely an indication of concentrated wealth. That said - relatively few participants are needed to price the market. This is th

The housing market in SF is definitely an indication of concentrated wealth. That said - relatively few participants are needed to price the market. This is the case for housing, stocks (where ETF-holder do not perform pricing), etc. You are also likely not a nobody, not even in SF terms, with $6M liquid (assuming that there are quite a bit of investments on top of that). This would either require some successful speculative investments, top-level position in a successful company, inheritance, or successful exits. only inheritance with a long frugal lineage would yield a wealthy nobody.