ONE CAR, TWO CAR...THE FUTURE OF TRANSPORTATION AND THE IMPACT ON HOME VALUES

I have several friends here in Los Angeles that have become single car families, and even two or three that have given up their cars entirely.  And in fact, a recent study I read noted that in Los Angeles it may be cheaper to use rideshare platforms for all our transportation needs than to own a car.  With ridesharing already well accepted and autonomous vehicles in the works, car ownership is likely to decrease, and so is the garage space needed for parking.  How will this translate to home design and property values in the future?

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Keith Kaplan

CalBRE #01933707
Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA 90069

keith.kaplan@sothebyshomes.com

310-646-7791

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