Driverless cars could have big real estate impact

The era of autonomous vehicles is coming quickly, and it could have a bigger real estate impact than simply increasing demand for homes farther from the city limits.

Autonomous vehicles could usher in greater car sharing among families and neighbors. The car could take Dad to work, drive home, take kids to school, drive home, take Mom to work. Since vehicles are self-driving and will come when called, they may not even need to be parked at home and could be parked in a remote lot. Ridesharing services may grow to become a normal option for homeowners.

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