California’s major market housing prices are not especially high compared to other high income and high amenity urban areas with low crime and strong investor protections. Check out prices in Sydney and Tel Aviv as two wealthy places with mild weather plus safe and stable.

You can also look at Seattle, but your might find your home is suddenly with a “CHOP” mob ruled area for a month.

Prices do seem a bit high in our lower income inland cities like Fresno compared to similar places elsewhere in the sunbelt. That may be a Prop 13 artifact.