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AI News from ET - In San Francisco's AI frenzy, apartments are scarce and costly

Vishwadeep Khatri
in AI News & Two Lenses

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San Francisco's housing market is experiencing unprecedented demand. A surge in artificial intelligence companies is driving up rents significantly. This has created fierce competition for apartments, with applicants resorting to desperate measures. Many residents struggle to find affordable housing in the city. The situation highlights the growing affordability crisis in San Francisco.

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