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Seattle has its issues. The house my wife bought for $175k in 2000 is now a $500k house and the commute that took me 45 minutes in 2006 now takes 90, or so I'm told. But LA is on a whole 'nuther level. The equivalent to my Seattle house in LA would be $1.4m. I once drove from north of Seattle to south of Mount Rainier in the time it took to get from LAX to Pasadena. Seattle has inflated prices because of the three trillion dollar companies in the world, two of them are in Seattle. LA has inflated prices because Los Angeles has been primarily financed by endless property scams going back to before William Mulholland.