How self-driving cars will profoundly change real estate

Menlo Ventures managing director Venky Ganesan says that urban spaces will change dramatically once self-driving cars become widespread. “The average house is roughly 3,000 sq ft and it’s been going up. The size of your garage is roughly 500 sq ft. That means roughly 15 to 20% of your living space constructed in the average home is devoted to the garage,” said Ganesan. His prediction is that driverless cars could become a reality in five

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