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You got it right entirely.

And to make it plain for everyone to understand the insanity of it: A year in Elementary school is pretty much free in a Public School. It easily costs you $20K in a Private School. That's for one kid. Tack that on top of your $3K a month rent or mortgage and you quickly see how a six-figure salary does not mean much in this area, for anyone but the single 20-something.

I think it's a bit by design too, as most of the local economy wants young people, with stars and dollar signs in their eyes, who will work 12 hours a day while shacking in groups of 3 in 11x11-foot apartments. LOL

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