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Originally published by Capital Businessbusiness
July 9, 2026
2h ago
Wealthy AI workers send San Francisco house prices soaring
The median sale price in the city as of May 2026 is a record high of $1.76m, compared with nearly $400,000 for the US as a whole, where prices rose by just 1.4% in March, and 2% in both April and May...
✨ Key Highlights
Artificial intelligence workers in San Francisco are driving a dramatic surge in house prices, with some properties even considering AI stock as payment. The city has regained its title as the most expensive for homebuyers in the US.
- Median house price in San Francisco reached a record $1.76m in May 2026.
- OpenAI and Anthropic employees have benefited from significant stock sales, with OpenAI employees selling shares worth $6.6bn last October.
- The AI boom is pricing out some long-term residents, forcing families to move to more suburban areas.
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