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I think the impact of self-driving cars on real estate will vary wildly by geography as well as their adoption rate. Urban roads in the US and Canada are quite
by kawera 11y ago
I think the impact of self-driving cars on real estate will vary wildly by geography as well as their adoption rate.
Urban roads in the US and Canada are quite wide and probably make it much easier to make an effective and safe transportation solution out of this technology. This isn't the case in Europe where urban roads are considerably narrower, regardless of city size. The same can be said about Japan as a whole and other large asian metro areas - Hong Kong, Singapore, Shanghai, Beijing, Seoul. Much tougher.
Europe and Japan also have a much denser rail networks than most of the US, which in turn will cause a different impact on real estate.
Driverless urban buses will probably be adopted much earlier as there are exclusive bus lanes in most medium and large metro areas throughout the world but I don't see it changing the dynamics in a fundamental way.