All articles tagged with #rent stipends
AI startups are leasing luxury apartments and offering rent stipends in San Francisco to attract talent amid a booming AI industry, which is driving up housing costs and office space demand in the city.
AI companies in San Francisco are disrupting the rental market by offering free apartments and rent stipends to their employees, creating a competitive advantage that disadvantages regular renters. These benefits are mostly available to employees working near company offices in popular neighborhoods like Mission Bay and SoMa, driving up rents and making it harder for non-tech workers to find affordable housing.