San Jose, California, leads AI-tech hub markets with a $1.75M median price — while Austin’s year-over-year decline was the largest. Austin shows AI growth doesn’t guarantee housing growthMenard offered a stark assessment of where Austin stands relative to its recent pandemic-era peak. They are high-paying jobs for the most part — those that are involved in building a data center and fleshing it out and stuff. But once the data center is up and running, there’s very few people that actually work in the data center, and then so that’s more of kind of like a temporary thing. Menard offered a note of caution about the sustainability of data center growth, pointing to emerging public resistance.