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- Title
A Largely Unnoticed Impact on Real Estate--Self-Driven Vehicles.
- Authors
Levine, Mark Lee; Segev, Libbi Levine; Thode, Stephen F.
- Abstract
Motor vehicles are very important in the United States and throughout the world. Certainly, motor vehicles for personal and business use are a major piece of the transportation system. Such activity impacts the use of real estate, be that for commercial buildings in the form of offices, retail, residential complexes, recreation activities, warehouses, or otherwise. Autos and buses are also important parts of residential living and the personal lives of most residents in the United States. Included with in these uses is the implied position of a driver for such vehicle. But, if a driver was no longer necessary for the use of an auto, a bus, or a truck how could this impact the use of real estate for personal and commercial uses? How could such change influence the choice of a residence, job, parking, zoning, and types of services currently employed to support the use of the vehicles? These issues are examined in this Note with a focused examination of the impact of driverless vehicles as they relate to real estate uses and activity.
- Publication
Appraisal Journal, 2017, Vol 85, Issue 1, p51
- ISSN
0003-7087
- Publication type
Academic Journal