The newest wave of tech workers isn’t just filling office towers — it’s bidding up apartments in cities already notorious for high housing costs.
Across the US and Canada, the number of workers with artificial intelligence skills has surged by more than 50% in the past year, topping 517,000, according to CBRE.
Much of that growth is clustered in the San Francisco Bay Area, New York City, Seattle, Toronto and the District of Columbia — areas where rents were straining households even before the AI boom.
The result: a fresh wave of demand that has helped push Manhattan rents up more than 14% between 2021 and 2024, Washington more than 12% in that same span, Seattle more than 7% and San Francisco nearly 6%.
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