Yet I managed to buy my first home in 1978 making $1.65 and hour and my wife the same . My Father died when I was 16 . At 17 my brother and myself moved out because my Mother couldn't afford it . Did I mention I also paid my way thru 4 years of college at the same time I bought a Home . That home cost me $21,000. The last 2 generations are still living home in Mom's basement where I was moving into my second home by that time . Still not making a whole lot more an hour . But we worked hard . And saved . Then finally it paid off . My wages doubled in one year.Minimum wage in Washington State was $2.00/hr back when I was selling movie tickets in 1974. Tipped wages were about $1.85. That's why I call it backward. Half a century.
Naturally, for Californians, it's like moving to a third world country, in terms of how far their money goes. With all those Californians moving in with their silicon wages, your housing market will become more and more difficult for local earners, too, and you will enjoy the benefits of yet more economic inequalities.
There's no Economic inequalities . The 2 states you use in your example are run by Who ?