Scenario: Long-term, everyone switches to using robo-taxis and doesn't own a car. The robo-taxis can communicate and co-ordinate. You're looking at an ~85% dro

Scenario: Long-term, everyone switches to using robo-taxis and doesn't own a car. The robo-taxis can communicate and co-ordinate. You're looking at an ~85% drop in the number of cars required (today only ~15% of cars are on the road at peak times). The cars are used heavily in the day, but still need to park somewhere at night. Either way, 85% less parking required. This can probably be fulfilled without street parking. Easier to have centralized charging without street parking. With intelligent driving, you can probably get away with single-lane streets (each way), with either an expanded turning lane at the corners, or preferably round-abouts. This leads to a lot more real estate available in cities. Something like 20% more, due to single streets and less parking. That's a big increase in quantity supplied, leading to a big price drop.