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"Think A-roads in town centres, with houses on one side and a park on the other." Where are those houses so cheap that it becomes profitable to bet on the emer
by roel_v 11y ago
"Think A-roads in town centres, with houses on one side and a park on the other."
Where are those houses so cheap that it becomes profitable to bet on the emergence of autonomous EV's only? Cheap houses are cheap in most places because they're in undesirable locations. I can imagine houses in commuting distance of major job centers becoming more attractive with autonomous vehicles (I mean, the commuting distance will become larger, i.e. the 'ring' expanding) but that expansion won't be hundreds of miles. And houses within this distance aren't that much cheaper that it becomes feasible to buy in bulk and hoard (well maybe you're spending hundreds of millions, I don't know).
- madaxe_again 11y agoThink Bristol and the like. Plenty of period properties in great locations, but smack next to traffic lights on an a-Road, therefore noisy, dirty, 30% or more cheaper than one street over. Often unrenovated as nobody sees any point in investing in a place that has its value substantially diminished by traffic, so cheaper yet. No, hardly a squillionaire, just mortgaged up to my eyeballs and have three so far, eyeing up number four. Live in one of them. They're my hedge against the apocalypse not happening.