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A Driverless Future Threatens the Laws of Real Estate

By Bloomberg.com

It may no longer be about ‘location, location, locationRead full story

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  • Mat Kaliski
    Mat KaliskiVC at Rubicon Venture Capital

    The article didn’t go into how driverless cars will affect residential real estate which is the biggest store of wealth in the US. They did mention parking lots and strip malls which will surely get upended in a major way. What will be interesting to see will be how this shift (which will happen over at least 20 years and not just a decade) will impact the move to/or away from cities.

    I’m lucky to live in NYC within walking or biking distance to where I live, where my friends are and a ton of great

    The article didn’t go into how driverless cars will affect residential real estate which is the biggest store of wealth in the US. They did mention parking lots and strip malls which will surely get upended in a major way. What will be interesting to see will be how this shift (which will happen over at least 20 years and not just a decade) will impact the move to/or away from cities.

    I’m lucky to live in NYC within walking or biking distance to where I live, where my friends are and a ton of great food options. If I have to go further I have great access to public transportation. Would I want to give that up to be stuck in a car that drives itself and still waste my time on a commute? Definitely not.

  • Nicholas Finegold
    Nicholas FinegoldFounder at Curationcorp.com

    Autonomous cars will be a non factor in urban areas for years not as a result of technology but how you legislate for them and the immense social problems attached to them.. E bikes will be more Interesting as car parks will just become bike parks instead. Autonomous vehicles are fine on the farm and great if you are drunk in a country pub otherwise there will just be drivers for many many years to come. This is not that a technological issue, the technology will come obviously , it is a social issue

    Autonomous cars will be a non factor in urban areas for years not as a result of technology but how you legislate for them and the immense social problems attached to them.. E bikes will be more Interesting as car parks will just become bike parks instead. Autonomous vehicles are fine on the farm and great if you are drunk in a country pub otherwise there will just be drivers for many many years to come. This is not that a technological issue, the technology will come obviously , it is a social issue . The guy who wants to text whilst he drives vs 500,000 unskilled people looking work , what’s more important to society ?

  • Ernie Sander
    Ernie SanderDirector of Platform Community at Quartz

    It's a chance to rethink huge swathes of land use: Piece notes that in NYC, for example, parking covers an area equal to two Central Parks, while in London, if you take away the parking spaces you'd suddenly have five more Hyde Parks to play with. And that's just one example of the change that could come. Streets themselves could start to look really different, too. Exciting stuff.

    I may be missing something, but I don't see a lot of downside to this evolution. It seems like it's going to be liberating, literally and figuratively.

  • I’m extremely excited about a world I don’t have to worry about drunk or text driving. The driverless car is an amazing innovation and we’ll have to adjust, but I feel it will make things better. I own real estate and I will just plan to prepare with the right buys, marketing, and capital improvements as I’ve tried to when other factors have affected the value.

  • Adrian Michaels
    Adrian MichaelsDirector at FirstWord Media

    Not merely food for thought but a 7-course banquet. I have been thinking for years that this will be the biggest single societal change in our lives, and looking forward to the reclamation of our countryside, the tearing down of street furniture, the slimming of the road network and much else. Then they’ll invent teleporting and we can get all the roads back too.

  • James Bidwell
    James BidwellExecutive Chair at Springwise

    Driverless electric only sustainable cities of the future - this must be the way ahead. Property owners have the opportunity to create real positive sustainable change

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