I moved to Paris to start a new job recently, and the housing situation sucks so much.
The prices in Paris are fairly high, 1000€ for a 30m² flat. But that's the relatively small heart of "Paris intra muros", excluding the "banlieues" (suburbs) which are cheaper and 30 minutes to an hour with the Métro (or the RER). That doesn't sound more unaffordable than London, not on a tech salary and colleagues have told me co-habitation is not a thing here (whereas most of my friends and colleagues in London lived in shared flats, for example).
What makes Paris impossible to rent in, is the absolutely insane demand for housing that frees real estate agents to do whatever the fuck they please. I spent three weeks calling every day, multiple agencies, only to be told by each and every one of them that they wouldn't let to me because I am a salaried worker in a trial period ("salarié en periode d' essaie", a three-month trial period mandated by French law). Even with my company offering to be my guarantor (which means they would shoulder all the risk of rent arrears) they would not let to me. Not one. My contacts list is still full of numbers of "immobiliers" (real estate agencies), I know 80% of the agencies and I have masochistic fun pointing them out when I pass outside them with friends. Not one of them would let to me. Not. One!
That's without all the absolutely insane amount of documentation they require (three months of recent rent receipts, proof of having paid taxes in France in the last year, etc) which you won't have if you haven't already lived and worked in France for a while, and the complete bollocks demand of earning three times the rent in salary, and being able to afford two times the rent in advance (as a guarantee; we'll see if I get mine back). But I think that's all par for the course in big cities.
In the end I was only able to find an apartment because an estate agent who's friends with my boss did me a favor. And even he wouldn't talk to me until I barged into his office. So I got 15 m² with a 3m² bathroom with no sink (there's a 5lt washing machine in its place) and a "kitchen corner" that's barely enough to make breakfast cereals, all for the price of 720€.
For the record, I'm an EU citizen and I have a doctorate in a tech subject. My French colleagues have shared similar rental horror stories. I have no idea how people manage who are worse off financially, or come from outside the EU.
tl;dr: no, you don't want the housing situation in your city to be like that in Paris.