I’m quite sure that many of us who prefer to live in CA realize prices here are extreme when compared to more “practical” locations in the US, but, it’s where we choose to be for many other reasons.
Some of our best friends are from London, and have chosen to live in the San Diego area for many of the same reasons we do. It’s definitely true that our property prices are in the “bargain” category when compared to London and the UK, so, for them, it’s definitely been a win/win.