In seven years, I watched rent for a 2 bed in one of the cheaper areas of San Francisco rise from 1900 to 4200. I used to think it was insane that interns could make 120k+ at places like dropbox, but in SF that’s practically the poverty line. I didn’t know anyone who rented their own place who wasn’t in tech (no roomates other than a partner, who is also probably in tech), except that one guy who had been on rent control for the last decade