Agreed. Though in the unlikely event you don’t happen to want/have kids, you can make bank. I lived 10 years in the Bay Area, renting, without spending more than $40k post tax per year (I diligently track all my expenses and make sure nothing can escape from my account balance flow, so that’s accurate) and saving the rest. Always lived within walking/biking distance to work, by renting modest one bedroom apartments.

With kids you’re mostly screwed and have to pay for top notch housing, schools, cars for transportation, …