Back in the day, many of my friends and I lived a cool city life before we had kids. After kids we couldn't afford the city any more, and moved out to the boondocks with daily 3-4 hour round trip commutes that included cars, trains and subways. I know the problem is worse now, but city life being more expensive has always been a thing.

Alternatively, those jobs are only high paying because the red are very people who can fill them solely because of housing and far less so about skill. If 10M people could move to the Bay Area tomorrow, those jobs would pay a lot less.

Also why people insisting on teleworking as a permanent option haven't really thought it through.