Another fine mess AI has got us into.
‘A million dollars over asking’: AI wealth is fueling housing market frenzy in San Francisco
Samantha Delouya, CNN
Mon, August 17, 2026 at 12:28 PM PDT 7 min read
Just a few years ago, San Francisco was the national symbol for post-pandemic urban decline.
Now, fueled by the artificial intelligence boom, the Golden City and its suburbs are quickly becoming the hottest housing market in the country.
Flush with cash — and highly valued stock options — tech workers are flooding in to the housing market, bidding up the price of homes and, increasingly, even rental properties.
Ever since Lucy's great grandchildren migrated out of the Rift Valley, migration has been increasing land values all over the world.