Loved the post until I got to this dig on Dallas. Really? If you take into account property taxes the cost of real estate in Dallas isn’t that much cheaper than in San Francisco. For example, a million dollar home in Dallas is assessed more than $53K per year in property taxes — after a decade you’ve paid half a million in taxes not to mention your mortgage and insurance costs. Compare that to $7K in San Francisco.
In my area of Dallas you can get a one bedroom condo (1400 square feet) for $965,000. http://www.ebby.com/property/49846457/2555-N-Pearl-St-#505-Dallas-TX-75201 In San Francisco you can find a similar property for about the same price: http://www.zillow.com/homes/for_sale/San-Francisco-CA/pmf,pf_pt/69819962_zpid/20330_rid/1-_beds/900000-1000000_price/3194-3549_mp/any_days/1300-1500_size/priced_sort/37.784596,-122.445154,37.778618,-122.452879_rect/16_zm/?3col=true But the cost is FAR greater in Dallas.