I guess you can't talk for everybody (which happens a lot in the comments for what I've seen, HN does this, HN does that). The commenters here may be very biased though. To be clear this article seems to refer to SF workers, but I guess the same applies there even if the pay is fat. You need to generate cash to pay for the hefty rents. I should add a disclaimer here that this is just an assumption based on what I've read though.

Maybe someone could chime in on how easy it is to get a job with good morale in SF? I would imagine that it's like looking at the trees but only seeing the forest.