"Regular people" in big populated urban areas can't expect to own a detached home, they can live in condos/apartments like they do in Asian cities, NYC and other densely populated cities.

The bay area isn't urban - we're talking about large stretches of suburbia. The area also isn't converting to urban despite the demand, which is part of what the article is talking about.

That's a good point. It is a bit unique situation where there are small suburban homes for $2M+.

None of that exists in the bay. There's nothing in terms of affordable housing. That's the entire point of the article. No one can afford to live there except for highly paid engineers. A condo will run you 700k easily in any decent place.

That's why they tore down all the single family houses in Sunset & Richmond to make way for 5 story apartment blocks. Oh wait...

> they can live in condos/apartments

How much do those cost in the Bay Area?