How driverless cars could impact real estate

Driverless cars are likely to hit the roads in a big way within the next decade or so, according to many experts, and that could have a big impact on people’s ideas on where they should set up home, according to a new National Association of Home Builders survey.

The NAHB’s survey found that 63 percent of consumers would “definitely” or “maybe” consider living further away from their place of work if they owned a driverless car. Younger people were the most likely to live further away if driverless cars become a safe and reliable option for commuting, the survey shows. In total, more than 60 percent of respondents among millennials and generation X’ers said they would consider doing so, compared to just 18 percent of seniors.