And precisely this is why I'm adamant about never, ever moving to the Bay Area. It's full of tech companies to work at, neat people to hang out with, and has an excellent climate with plenty of nature to bike through... and the local governments do their damnedest to ensure nobody will ever be able to afford any of it except for them.
My issue with the Bay Area is that and the baseless professional downgrading that's usually involved with that move. Because you didn't do it in the Bay Area, they shave one or two ranks off your title and your salary suffers (and, presumably, you don't get the best projects). Sorry, but I know more than your VPs about technology and how to build a company, and so I'm not going to take a junior role for the "privilege" of living in California. If winter gets to me, I'll take two weeks and go to Mexico or Bonaire; problem solved.