I was recently chatting with friends in San Francisco about the devil of a time they had buying a house. An incredible influx of cash related to A.I. coupled with decades of under-building have created a hellish market for buyers. Houses in San Francisco are already quite expensive, and some have sold for a million dollars over the asking price or more. That’s wild.
The aforementioned A.I. cash influx is apparently warping other prices as well.
