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When (not if!) ride-sharing in electric cars becomes much bigger, it will free up a huge amount of real estate from car-related use to other uses. (Fun fact: In
by ljsocal 10y ago
When (not if!) ride-sharing in electric cars becomes much bigger, it will free up a huge amount of real estate from car-related use to other uses. (Fun fact: In the U.S., there are four parking spots for every one of the 255 million cars.) Add to that, all of the gas stations, oil change outfits, car washes, auto parts stores, auto dealerships, etc., etc. Every home that elects to go car-less will now have whatever garage, carport, driveway space available for an extra bedroom, garden, etc.
The other urban trend of smaller housing unit zoning will allow increased density which will also bring the cost of housing down. The demand is there a NY Times article reported that when new micro apartments (260 to 360 square feet) were available, 60,000 people applied for one of the the 55 units. Article: http://tinyurl.com/ntdjvt9 http://tinyurl.com/ntdjvt9