The generative AI boom in San Francisco is driving a revival of co-living spaces and 100-square-foot rentals with shared kitchens and bathrooms that are being offered for $1,000 per month.
The pandemic nearly crushed what had been a growing co-living industry of “tech dorms” in San Francisco as tech workers fled the city and few people wanted to share kitchens or bathrooms during the outbreak. Several leading companies in the sector filed for bankruptcy, including San Francisco-based Starcity.
Now, meanwhile, the Gen AI boom has several international companies launching co-living services in the city while players who survived the pandemic are scooping up discounted properties for a rapid expansion.
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