Nobody really brings up that the bay area is one of few places in the US where you can live without a car. Really, even compared to other "walkable" cities beyond a select few, similarly expensive places. Nobody really brings up that the bay area has better LGBT and other minority protections than anywhere in the US, either. Every time someone mentions cheap midwest cities I have to pull up https://crossingenres.com/…
I agree on almost all of your points with a few caveats. - Cars : The Bay Area is very walkable but that’s mainly SF. The tech burbs of Palo Alto , Menlo Park are not super walkable and you are relying on the BART and other public transport . But Covid has destroyed public transport and cuts in funding threaten them further. LGBT : This is not really the 80s and 90s . Most big cities from DC, Atlanta, Austin ,Chicago…
Even SF is not very walkable compared to Chicago, DC, Philly, Boston, etc. (All significantly cheaper than SF.) Even by American standards, the BART is a pretty second-rate metro. (And that's not even counting the fact that nowadays it's essentially unsafe at night, for single women, etc.)