Tag Page BayAreaHousing

Bay Area rents hit wild new highs in AI rush

Rents in the Bay Area are reaching levels that feel unreal, all thanks to the AI gold rush. Tech workers are cramming into tiny, pricey rooms—some paying over $2,000 a month just for a bed and a shared bathroom with a dozen others. Two-bedroom apartments now average over $4,600, and in neighborhoods like North Beach, rents have soared nearly 80% in a year. Regular folks are being squeezed out, with service workers commuting from far away and more people living in RVs or on the streets. How do you see this AI-driven housing crunch affecting our community long-term? #RealEstate #BayAreaHousing #AIBoom