Part 14/16:
Autonomous vehicles could make city centers car-free, reducing the need for parking and altering land use
Cities may see a shift toward more dense, pedestrian-friendly environments, with suburban living expanding into remote areas supported by hybrid autonomous living arrangements
Over time, traditional parking structure demand will shrink, potentially flooding markets with land supply
Furthermore, demographic shifts—like higher student debt among millennials, and more multi-generational households—will reshape housing demand. The increasing trend toward shared living spaces and off-the-grid lifestyles suggests that real estate investments should be made with a horizon of at least 10 years, focusing on fundamental population growth and societal trends rather than short-term fads.