I've got a 2000 sqft condo in Atlanta with 20 foot ceilings that costs less than that.

The land is utilized much better here. I'm in an eight story converted factory (each condo is two stories) from the 1800s. If we just had single story homes, prices would be a nightmare.

I work for a tech company based in sf making the same wages as my peers in sf do. It's not scary to leave sf for elsewhere.