That's kind of two sides of the same coin, isn't it? The cost of living is so high in part because so many have ridiculously high salaries, isn't it?

> The cost of living is so high in part because so many have ridiculously high salaries

Bigger problem in the SF area is that a bunch of folks who owned property before the gold rush have ended up real-estate-rich, and formed a voting block that actively prevents the construction of new housing (on the basis that it might devalue their accidental real estate investment)