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Meet the renting rich: Bay Area millionaire renters have quadrupled since 2020

Marcus Chen
Managing Editor · Friday, November 13, 2026 at 2:00 PM · 1 min read
Meet the renting rich: Bay Area millionaire renters have quadrupled since 2020 — Carmel-by-the-Sea Technology news

Bidding wars, sky-high prices, and the AI boom are pushing young millionaires into the rental market.

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Local news from Carmel-by-the-Sea Current

Coverage Area

Carmel-by-the-Sea, California

Section

Technology

Published

Friday, November 13, 2026

Reading Time

1 min

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