According to reports, San Francisco is the headquarters of leading companies such as OpenAI, and about two-thirds of local residents rent to live. Currently, the average monthly rent for a one-bedroom apartment in the city is as high as 4,400 US dollars, a sharp increase of more than 25% over last year, which is almost three times the average price in the US. Although the city of San Francisco controls rents, it is expected that landlords who have made a fortune through the AI boom will use various loopholes to try to evict old tenants, thereby increasing rents or selling properties. Statistics show that compared with last year, “eviction orders” for landlords across the city soared 44% this year. At this stage, the average rent for two bedrooms has reached 6,000 US dollars, and the rent for a four-bedroom apartment in the city center has already exceeded 10,000 US dollars.

Zhitongcaijing · 1d ago
According to reports, San Francisco is the headquarters of leading companies such as OpenAI, and about two-thirds of local residents rent to live. Currently, the average monthly rent for a one-bedroom apartment in the city is as high as 4,400 US dollars, a sharp increase of more than 25% over last year, which is almost three times the average price in the US. Although the city of San Francisco controls rents, it is expected that landlords who have made a fortune through the AI boom will use various loopholes to try to evict old tenants, thereby increasing rents or selling properties. Statistics show that compared with last year, “eviction orders” for landlords across the city soared 44% this year. At this stage, the average rent for two bedrooms has reached 6,000 US dollars, and the rent for a four-bedroom apartment in the city center has already exceeded 10,000 US dollars.