Along with planning well, it’s true that those who happened to get into the market in the past had greater opportunities than today.
I’m certain that anyone who was interested and in a position to do so at the time would have done the same. Many elements are to blame for creating the lack of affordability in CA, not just those who took advantage of investing in the right place at the right time, and my point was that I think the OP is wise to very carefully weigh his decisions in the current economic environment.