Homebuyers are coming back to San Francisco. But inventory hasn’t followed.
In a recent SF Chronicle article, Arrian builds on what he’s been pointing out: a “tsunami” of wealth is coming. With companies like OpenAI, Anthropic, and Databricks positioning for potential IPOs in the next one to three years, the implications for housing are significant.
While demand is already picking up, much of that capital hasn’t even entered the market yet. In the meantime, many homeowners are choosing to hold, keeping supply unusually tight.
Read the full piece HERE for a closer look at what’s happening now and what could follow.