旧金山房地产市场正出现一种非凡现象：屋主提议以 Anthropic 或 OpenAI 的股票交换房产。该市房价中位数已突破200万美元（约新台币6,400万元），上月至少有七栋住宅以高出要价100万美元的价格售出，市场竞争极为激烈。然而，多笔挂牌交易提出了非传统的交换条件：位于 Duboce Triangle 社区的爱德华式住宅160 Noe Street 以290万美元或等值的 Anthropic 或 OpenAI 股票挂牌出售。挂牌经纪人 Rachel Swann 指出，多位 Anthropic 员工——其中部分人预期持有高达5,000万美元的帐面财富——反复表达了以其股权杠杆购房的兴趣。
这一趋势已扩展至旧金山市区以外。四月，投资银行家 Storm Duncan 提出以其 Mill Valley 住宅交换 Anthropic 股票；五月，科技公关公司负责人 Vijay Chattha 将其位于 Healdsburg 的房产——一栋拥有三间卧室、三间浴室并附设泳池与滚球场的住宅——以250万美元或200万美元 Anthropic 股票挂牌出售，为员工提供50万美元的折扣。Chattha 的理由在于 Anthropic 的爆发式成长：该公司估值从二月的3,800亿美元飙升至9,650亿美元的募资轮，约在三个月内增长至三倍。Anthropic 已于周一提交首次公开募股（IPO）的 S-1 文件，而 OpenAI 据报也在筹备未来数月内上市。
尽管市场热情高涨，重大的法律与实务障碍仍然存在。Anthropic 更新的未经授权股票销售政策声明，未获董事会正式批准的交易将视为无效，且托管公司无法处理证券——尤其是尚未公开交易的证券。豪宅房地产经纪人 Helena Zaludova 称这些挂牌为「巧妙的噱头」，但她也承认该策略的媒体价值。Swann 表示160 Noe Street 持续受到关注，多位代表 Anthropic 和 OpenAI 客户的经纪人主动联系，显示即便股票换房的交易在法律上仍不确定，作为行销工具却已证明极为有效。
San Francisco's real estate market is witnessing an extraordinary phenomenon where homeowners are offering to exchange properties for Anthropic or OpenAI stock. With the city's median house price surpassing $2 million and at least seven homes selling for $1 million above asking price last month, the market remains fiercely competitive. Yet several listings have emerged proposing unconventional trades: 160 Noe Street, an Edwardian home in the Duboce Triangle neighborhood, was listed at $2.9 million or the equivalent in Anthropic or OpenAI shares. Listing agent Rachel Swann noted that multiple Anthropic employees, some expecting up to $50 million in paper wealth, repeatedly expressed interest in leveraging their equity to purchase homes.
The trend extends beyond San Francisco proper. In April, investment banker Storm Duncan offered his Mill Valley home for Anthropic shares, and in May, tech PR agency owner Vijay Chattha listed his Healdsburg property—a three-bedroom, three-bathroom home with a pool and bocce court—for $2.5 million or $2 million in Anthropic stock, a $500,000 discount for employees. Chattha's rationale centers on Anthropic's explosive growth: the company's valuation surged from $380 billion in February to a $965 billion fundraising round, roughly tripling in approximately three months. Anthropic filed its S-1 for an initial public offering on Monday, while OpenAI is also reportedly preparing to go public in the coming months.
Despite the enthusiasm, significant legal and logistical hurdles remain. Anthropic's updated policy on unauthorized stock sales states that transactions without proper board approval are invalid, and escrow companies cannot handle securities—especially those not yet publicly traded. Luxury real estate agent Helena Zaludova called the listings a "clever gimmick," though she acknowledged the strategy's media value. Swann reported sustained interest in 160 Noe Street, with multiple agents representing Anthropic and OpenAI clients reaching out, demonstrating that even if the stock-for-home exchange remains legally uncertain, it has proven remarkably effective as a marketing tool.