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[The AI craze in the United States has caused the rental crisis in San Francisco] October 9th, according to reports, San Francisco is the headquarters of leading companies such as OpenAI, and about two-thirds of local residents rent houses. Currently, the average monthly rent for a one-bedroom apartment in the city is as high as $4,400, up more than 25% from last year and almost three times the national average. Although the city of San Francisco has implemented rent controls, landlords hoping to make a fortune from the AI boom are using various loopholes to try to evict old tenants, raise rents or sell off properties. Statistics show that compared with last year, the number of eviction orders issued by landlords in the city has soared by 44% this year. At this stage, the average rent for a two-bedroom apartment is US$6,000, and the rent for a four-bedroom apartment in the city center has exceeded US$10,000. (Xinhua News Agency)
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