This pretty much matches my experience with friends who now in their 20s grew up in the bay. Most are in Seattle, Sacramento, Portland, or other more affordable places. The ones who couldn&#x27;t&#x2F;didn&#x27;t finish college or get into tech live elsewhere.<p>I have a friend who is coming up on 28, having just moved from his parents house in Los Gatos a year ago. He moved into the slums with 3 roommates, paying around 60% of what his parents pay for their mortgage for his share of rent. He managed to find a job in tech which is how he can afford the place. Basically you move out of a mansion and into a ghetto, stay under your parents, or move away.<p>I&#x27;m up in Seattle desperately trying to save money for a down payment faster than housing prices are going up - if I wait a year it&#x27;ll be an extra 30-50k for the same property. But if I overextend to try to buy a place and the market crashes I&#x27;m completely SOL. Its very difficult to make any long-term decisions or enter the housing market.<p>But still, if you&#x27;re not in it, you&#x27;re giving up a lot of your future buying power. Friends of mine managed to buy a very very cheap place in the bay and lived there for a few years, and used the equity to buy a much nicer place in the Seattle area. No idea really what to do - I feel like the market is totally capping out at some point and isn&#x27;t sustainable - I have to place a bet whether it will rise continuously or crash and if I get it wrong I&#x27;m up shit creek.