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The Independent UK
The Independent UK
National
Alex Veiga

AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across US

AI Luxury Home Sales - (AP2009)

Here’s another place the AI frenzy is making itself felt: the market for luxury homes.

High-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the San Francisco Bay Area, undaunted by the higher mortgage rates and rising home prices that have prevented many would-be buyers from affording a home.

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