Instead they should all move to the midwest, south, or NE, where cost of living is a small fraction of the west coast. They can pay off a very nice house in full for less than the cost of a downpayment in any trendy west coast city, and they can easily afford to live a stereotypical middle class lifestyle - house, cars, kids, vacations, a stay at home parent - on a reasonable income, something which is now increasingly difficult on the west coast where cost of living is extraordinarily high.
I sincerely hope that various companies start aggressively opening offices in middle America, the south, upstate NY, etc. Maybe someone should produce a few goofy TV shows about how 'quirky' and 'cool' and 'hip' those destinations are, turn them into the new cultural mecca for all the flighty trend chasers, and let the west coast housing mess take care of itself.