OpenAI Shares: Fuel San Francisco Home Bids

OpenAI and Anthropic shares now pay for San Francisco homes despite lacking public prices, as Nima Gabbay accepted equity for his $2.995 million listing and one employee bid over $1 million above ask while inflating valuations. Vijay Chattha offered a $500,000 discount on his $2.5 million property for Anthropic stock yet found no buyer, while Storm Duncan directly pitched his $8 million listing to Anthropic staff. The AI industry impact shows in 144 homes selling at least $1 million over asking this year versus just 8 in the first half of 2025, with sales above $10 million doubling and one $7.9 million listing closing at $15 million amid inventory 40% below the ten-year average. This mirrors 2007 excesses but reverses the flow, swapping inflated private equity for real assets ahead of expected IPOs that could mint 16,000 new millionaires.