High-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the Bay Area, undaunted by the higher mortgage rates and rising home prices that have prevented many would-be buyers from affording a home.

High-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the Bay Area, undaunted by the higher mortgage rates and rising home prices that have prevented many would-be buyers from affording a home. ↧ AI boom heats up Bay Area housing market Here’s another place the AI frenzy is making itself felt: the market for luxury homes