The AI boom is driving up home prices in San Francisco. Are you being priced out? - CNN

A view of homes in North Beach on June 30, in San Francisco. Apartment rent costs in the city are soaring as the AI boom brings a new wave of wealth. Heather Diehl/Getty Images Economy AI See all topics Facebook Tweet Email Link Threads Link Copied! Follow Fueled by a boom in artificial intelligence, San Francisco is quickly becoming the hottest housing market in the country. In the last few months, home prices and asking rents have shot higher in the city as tech workers flush with cash flood the area’s housing market. San Francisco home prices are growing at their fastest pace in nearly a decade, with the median home selling for $1.7 million, according to Redfin. The frenzy has spilled over into the rental market, as well. One-bedroom rents are up nearly 23% and two-bedroom rents are up nearly 26% since last year, according to rental marketplace Zumper. Are you being priced out? Economy AI See all topics Facebook Tweet Email Link Threads Link Copied! Follow