Renting a San Francisco Apartment in the A.I. Boom? Good Luck.
The article discusses the impact of the AI boom on San Francisco's residential rental market. According to the article, the surge in AI companies leasing apartments and offering rent stipends to their employees has led to a significant increase in rental prices in the city, making it increasingly challenging for individuals to find affordable housing. The article highlights that San Francisco has seen the highest rental price growth in the nation, driven by the influx of AI companies and their demand for housing. This has resulted in a highly competitive rental market, making it difficult for people to secure affordable apartments in the city. The article emphasizes the challenges faced by those seeking to rent in San Francisco amidst the AI industry's expansion, reflecting the broader issue of housing affordability and the impact of economic trends on local communities.
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