SF Mayor Declares Rent Emergency as AI Boom Drives Nation's Highest Rent Hikes

San Francisco Mayor Daniel Lurie plans to declare a rent emergency to combat evictions amid the city's highest rent increases in the nation, driven by an AI-driven housing frenzy. The move signals policy intervention in a tight housing market, but its scope and effectiveness remain uncertain. This highlights the local economic strain from tech-driven growth, with potential implications for housing costs and labor markets in tech hubs.