The median home price in San Jose, the nearest big city, is $1M. That’s way more than LA, NY, and even SF. It’s the highest in the US. How can young families afford it? They can’t of course. And rents are likewise sky-high.
This article in Kiplinger lists the median home prices for the top 100 US metro areas. Even the median price, $800K, in the little burg I’m near, Santa Cruz, is a lot higher than anywhere else in the US. This 950 sq ft home in Santa Cruz recently sold for a little over $800K, the median price in Santa Cruz. In my hometown of Garden City, MI, it would be around $80K, a tenth of Santa Cruz. I’m speechless.