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San Francisco's AI Boom Pushes Housing Costs Beyond Reach of Six-Figure Tech Salaries

By

Emmy Martin

4d ago· 2 min readenNews
technologybusinesseconomyhousing

Summary

San Francisco's AI boom is driving up housing costs so dramatically that even tech workers earning $180,000+ salaries are struggling to afford living in the city. The article profiles Katrine Razniak, a recruiter whose salary jumped from $70,000 to $180,000, and her partner who earns $185,000 as a software engineer — yet they still couldn't find a one-bedroom apartment under $5,000 and are considering leaving San Francisco. As AI companies like OpenAI and Anthropic prepare to go public, a new AI elite is further inflating the already expensive housing market, squeezing out even well-paid tech professionals.

Source

bskySan Francisco's AI Boom Pushes Housing Costs Beyond Reach of Six-Figure Tech Salariesnytimes.com

Key quotes

· 2 pulled
I don't feel completely hopeless, but I don't think I can stay in S.F.
After three months, Katrine Razniak and her partner gave up looking for a one-bedroom apartment under $5,000.
Snippet from the RSS feed
As OpenAI and Anthropic prepare to go public, tech workers making six figures are grousing that they cannot compete with the new A.I. elite. Some doubt they can afford to stay.

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