I disagree on the houses bit. Literally speaking, the million dollar houses in the Bay Area are being purchased by a wide range of individuals, many of whom ar

I disagree on the houses bit. Literally speaking, the million dollar houses in the Bay Area are being purchased by a wide range of individuals, many of whom are young professionals earning a decent amount and stretching themselves very thin or relying on family gifts to purchase what amounts to a shitty starter home. Certainly investors and execs in the mix as well, but I think you are painting with an overly broad brush on the housing front.