7 reasons why autonomous cars will decrease the real-estate prices in city-centers.

Philipp Halder
Aug 23, 2017 · 2 min read

In the next 10–20 years, autonomous cars are going to change the way we get from point A to point B. It will change whole industries and destroy a lot of jobs. It will also decrease the real-estate prices in city-centers.

The reason for that is simple. Sitting in a car for 30 or 60 minutes will not be annoying anymore. Here are a few reasons.

Sleep

You’ll be able to sleep on your way to work and on the way home.

People

You won’t own a car, you’ll just use the car service. So, when you go back home, you’ll be able to share a ride with others, leaving you free to connect and enjoy your time together.

Breakfast

You’ll finally have a morning routine with your family. You‘ll be able to share your ride to the city and have breakfast together. Returning home will be independet, because even children won’t need a driver’s license.

Entertainemt

While riding, you can watch movies, read, learn new skills - or just browse the internet and read useless things.

Work

You’ll be able to use your time to and from the office for writing emails, schedule business trips, preparing presentations and even making videocalls or job interviews.

Comfort

Nowadays, sitting in a car is not very comfortable, especially as a driver. The comfort of self-driving cars will be much better compared to today.

Traffic

In my opinion this is the major reason. There will be fewer or no traffic jams. Self-driving cars will learn to communicate with each other and avoid traffic jams.

Prices in city-centers will decrease when it is no longer a problem for people to live even far outside the city center. With the additional bonus, you could own a house with a garden rather than a small flat in the middle of the city.

What do you think?

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