octaveguin

It seems inevitable that self driving cars are coming. When they do, they will change housing dynamics in a fundamental way.

Will this change make city living more or less desirable?

A few forces could be at work here:

* Parking lots in major cities are free'd up because they no longer make sense creating more housing real estate. City living is more affordable.

* Traffic Congestion is reduced so commutes are shorter creating more demand for suburb living.

* Distances feel shorter because they are no longer inconvenient so living outside the city makes more sense - more suburb demand.

* City living gets even more desirable because of the abundance of cheap self-driving cabs not available in more rural areas - city prices go up.

* More?

I'm sure some of these things will have a very little impact while others will have huge impact. I just wonder about the net result. Any speculation?