I'd consider the Bay Area to be like Greenwich Village - a luxury area. In most parts of the country, median house divided by median income is running about 4-6

I'd consider the Bay Area to be like Greenwich Village - a luxury area. In most parts of the country, median house divided by median income is running about 4-6. In those 2 areas, I've seen ratios in the ballpark of 40 and 75. I live in Denver, and within walking distance of my apartment I see homes ranging from $175k to $15M. Should we subsidize the lifestyle to which you'd like to become accustomed - because you want to live in a nice area? I don't think so.