IllustrativeAmid AI boom, San Francisco rents are up. So are eviction notices.
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San Francisco's housing market is experiencing a surge in rents and eviction notices amid a boom in the artificial intelligence industry. The city's rent has reportedly surpassed $4,000, with homes selling for significantly above their asking prices, indicating a highly competitive market. The AI boom is drawing tech workers to the area, contributing to a housing shortage and fierce competition for apartments.
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