Moving to New York or Los Angeles for affordable housing is ridiculous on its face. Austin, Denver, and I would add Miami were basically flash-in-the-pan situations: first movers got some great deals, but the housing markets have priced it in by now & the forward-looking job market outlooks are uncertain.
Seattle is interesting in that it's clearly a durable tech job center and is meaningfully cheaper than San Francisco. It's still twice as expensive as a normal place ($862k vs. $400k) and its street conditions reflect a housing crisis every bit as severe as San Francisco's, but it's true that you could keep your career while paying ~30% less there. So I guess the delta between SF and SEA could be interpreted as a lifestyle splurge.
Seattle is interesting in that it's clearly a durable tech job center and is meaningfully cheaper than San Francisco. It's still twice as expensive as a normal place ($862k vs. $400k) and its street conditions reflect a housing crisis every bit as severe as San Francisco's, but it's true that you could keep your career while paying ~30% less there. So I guess the delta between SF and SEA could be interpreted as a lifestyle splurge.