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AI Billionaires Could Own SF | Real Estate News
Description
What if AI giants’ employees cashed out from their IPOs and bought nearly a third of all homes in San Francisco? It’s a wild, hypothetical scenario—but it underscores the staggering wealth pouring into the tech sector. Even without a public listing, AI workers’ soaring salaries are already fueling a housing frenzy: median home prices up 25% YoY, inventory at a 20-year low, and bidding wars fierce. With inflation biting and supply tight, the Bay Area’s real estate market is already feeling the heat—and this hypothetical IPO windfall could make things even hotter.
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