Admiral Real Estate - Selfdriving Google Car

Driver-less Cars: Impact on Real Estate

Paving the Way

According to the professor of urban planning at M.I.T., Eran Ben-Joseph, as of 2012 there were an estimated 500 million parking spaces in the U.S.  At 100 cars per acre, this occupies approximately 7,800 square miles of land. This represents A LOT of open space – equivalent in size to the entire state of Massachusetts, or one and half times the size of Connecticut. Read More