Industry News

Who needs location, location, location when you can go anywhere?

The new real estate adage is more likely to be 'anywhere, anywhere, anywhere' -- here's why
  • Driverless cars will be in full swing next year and take off like ATMs did in the 1980s.
  • This means parking lots freed up for other projects, different home configurations and the ability to live almost anywhere.

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

I was raised 12 miles from the celebrated Route 66 in Southern Illinois. When I came of driving age, iconic cars that hit the road included the Shelby Cobra, the Dodge Charger, the Plymouth Road Runner, the Chevrolet Camaro and the Ford Mustang. Cars were in my blood like the St. Louis Cardinals baseball team. At one point in my youth, I spent 80 percent of my time thinking about cars and baseball. ARENA Creative / Not anymore. Cars became a pain in the neck; ugly bouts with auto insurance, traffic snarls, bumper-to-bumper blues, road rage and too many cars in small places making us all nuts. A radical solution -- not merely an idea any longer -- is underway. Driverless cars, mobility as a service, shared vehicles and less auto ownership is changing how we get around, reconfiguring our communities, freeing up our time and lowering the costs of transportation. The average annual costs of owning and operating a car in the U.S. is $9,000. Imag...