According to a recent report by Redfin, as OpenAI and Anthropic prepare to go public, employees could theoretically use their IPO wealth to purchase nearly 29% of the housing in the San Francisco metropolitan area. Specifically, OpenAI employees hold approximately $135 billion in stock, enabling them to buy 20% of the housing, while Anthropic employees hold about $63 billion in stock, allowing them to purchase 9% of the housing. Although this is an extreme assumption, it reflects the scale of capital inflow, and the AI wealth effect has already stirred up the real estate market even before the IPOs.
