Money in San Francisco news on Thursday, October 29, 2026
In Money in San Francisco on Thursday, October 29, 2026: Essex, rates reshape SF housing market as rents hit records. Also: SF rents surge 26% to all-time highs, fueled by AI industry expansion; Essex Property Trust raises guidance on 7.3% NorCal rent growth for year.
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Headlines
- Essex Property Trust raises guidance on 7.3% NorCal rent growth for year.BigGo Finance
- Higher interest rates stalling multifamily housing deals in San Francisco.Bisnow
- Proposition I seeks to protect SF housing funds and renter protections.Golden Gate Xpress
- San Francisco AI company CEO announces job cuts via LinkedIn post.KRON4
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