San Francisco Rents Just Rose by 22 Percent. Even Some Tech Workers Are Blaming the AI Boom
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Rents in San Francisco have reportedly increased, with one figure citing a 22 percent rise, although another source suggests a 12.7 percent increase over the past year. The surge in rents may be spreading beyond the city, with some areas experiencing double-digit gains. The cause of the rent growth is unclear, with some possibly linking it to the AI boom, while others note that owning a home has become more expensive compared to renting.
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