Life is not fair here in the Bay Area

TC: $1.2M (not at Snap)
Household TC: $1.5M
NW: $7.5M
Age: Late 20s

Why is life so tough in the Bay Area? We can not even think of retiring any time soon. Heck, we're not able to afford a house.

It feels like this grind is never ending. I can "remotely'" think of retiring only after $20M in investments, three $4M houses (fully paid off), $2M in 401k, $4M for kids' education and other expenses like grand wedding. This would take 20-30 years more.

Why is life so difficult and unfair to us middle class? Anyone else around who going through the same tough situation?