Luxury Home in San Francisco Accepts OpenAI and Anthropic Shares as Payment
You Can Use OpenAI, Anthropic Shares To Pay For Rs 28 Crore Luxury Home In San Francisco
Image: News 18
A luxury three-bedroom home in San Francisco's Duboce Triangle is listed for approximately $2.995 million (Rs 28.7 crore), accepting shares from OpenAI or Anthropic as payment. This unique offer reflects the growing demand for housing among AI industry employees amidst a tight real estate market.
- 01The home spans 2,495 square feet and features luxury amenities like 10-foot ceilings and solar skylights.
- 02The property is listed for about $2.995 million (Rs 28.7 crore), up from its previous sale price of $2.126 million (Rs 20.4 crore) in 2024.
- 03The listing agent, Rachel Swann, reported a surge of interest within 24 hours of the listing going live.
- 04The seller, a luxury developer, is leveraging the influx of AI employees who have limited housing options due to their wealth being tied up in shares.
- 05San Francisco's housing prices have increased by 19% year over year, exacerbated by the demand from AI sector professionals.
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A newly restored three-bedroom Victorian home in San Francisco's Duboce Triangle is now available for approximately $2.995 million (Rs 28.7 crore), with the unique option of paying with shares from OpenAI or Anthropic. The 2,495-square-foot property features luxurious amenities such as 10-foot ceilings and remote-controlled solar skylights. Listing agent Rachel Swann noted a significant response to the listing, indicating high interest from potential buyers, particularly among employees and investors from the AI sector who are facing a challenging housing market. This innovative payment method aims to address the housing crisis for many tech professionals whose wealth is tied up in illiquid shares. The real estate market in San Francisco has seen a 19% increase in prices year-over-year, driven largely by the AI industry's growth, with rental prices also surging by over 21%. As companies like OpenAI and Anthropic prepare for public offerings, the demand for housing is expected to rise further, potentially inflating prices even more.
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The acceptance of AI company shares as payment could reshape the real estate market in San Francisco, making it more accessible for tech employees.
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