AI Companies Go Public, Bay Area Home Prices Soar

OpenAI and Anthropic went public in summer 2026, letting employees cash in company shares. That money is now pouring into Bay Area housing. San Francisco's typical home price jumped from $1.8M to $2.2M in a year through May 2026. Over 140 homes sold for at least $1M above the asking price. Realtor Compass found demand clustered near AI offices.