AI wealth is creating a 'mansion shortage' and upending San Francisco's housing market

San Francisco's housing market is experiencing unprecedented shifts due to skyrocketing property prices and intense rental competition driven by the influx of AI wealth. This surge is leading to a "mansion shortage" as many high-value properties are snapped up, pushing long-time residents out of their homes. The situation is reminiscent of past tech booms that also disrupted the city's housing landscape, raising concerns about the future of affordable living in one of America's most expensive cities. The implications extend beyond individual displacement, potentially affecting the city's cultural and economic fabric.