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Residential Rent Growth

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AI Boom Sparks Real Estate Surge and Rising Rents in San Francisco

Originally Published 4 months ago — by CNBC

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Source: CNBC

The demand for AI-specific tech talent is significantly boosting real estate markets in key cities across the U.S. and Canada, with increased office leasing and rising residential rents driven by in-migration of tech workers, especially in cities like San Francisco, New York, and Washington, D.C., where AI is fueling a new tech boom and impacting housing affordability.