It's all relative. My friends who live in the SF Bay Area are always bragging about how much money they make, but then they talk about someday buying a house within an hour's drive to work instead of leasing an apartment for three times my mortgage payment. Then, I feel a little better.
I do have one friend who owns a house down there, but it is in the same nightmare neighborhood I grew up in. Sort of the reason I left the city.
Edit: I shouldn't say my home town is a nightmare, but it was certainly less peaceful than the rural area I live now.