I view this as a $1.8 million dollar tax for owning a home in Silicon Valley. The average house in Michigan sold in 2017 for $118 per square foot or a little over $100K for a house that size. Even in a nice affluent Michigan suburb with great schools I couldn't see paying over double that amount.

I was just out in the Valley a few weeks ago. Absolutely love it out there but that's just crazy. As usual I think DHH put it best in a tweet:

https://twitter.com/dhh/status/969684080185950208