SF Housing Crisis Looms: Anthropic and OpenAI IPOs to Create Thousands of New Millionaires
km · x · 2026-09-01
Data analysis predicts that upcoming IPOs from Anthropic (2026) and OpenAI (2027) will create approximately 1,500 and 2,000 new residents with net worths exceeding $5 million in San Francisco, respectively. In contrast, Facebook's 2012 IPO generated only about 200 similar-level millionaires. Given that only about 500 single-family homes worth over $3 million sell annually in SF, this influx of wealth could have an unprecedented impact on housing prices and public policy.
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