How Driverless Cars Will Reshape Housing #investment #realestate #wealth

Source:  John Burns Real Estate Consulting

Self-driving cars will have a big impact on real estate, according to John Burns Real Estate Consulting.  As consumers take their hands off the wheel, they may find different needs in housing over the next 10 to 20 years, which is when self-driving vehicles are expected to make their mark.

Prime real estate will also be unlocked for new home construction.  Places once used for parking lots, auto dealerships, and gas stations will become obsolete with self-driving cars.  That may free up prime real estate for housing.

Older adults may also be more likely to stay put in their homes longer.  They'll be able to stay long after losing their driving skills.  Repair and remodeling will increase as seniors look to remodel their homes and age in place.

Check out the full story here:
https://www.realestateconsulting.com/8-big-housing-changes-thanks-driverless-cars/

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