I was talking about this today with a friend and it occurred to us that a lot of gas stations are going to be closing as hybrid and electric vehicles become the most common vehicles on the road. Also as more people make use of home delivery of groceries the need for grocery stores (and their parking lots) will diminish as well. We all know what's happening with department stores and other big box retailers as well as online shopping becomes more widespread. I can also see autonomous vehicles negatively impacting various roadside businesses such as fast food. It seems to me that a glut of real estate is on the horizon. I'm sure many many other people have thought about this. I'm wondering what you all think the future holds in store for real estate?
tl;dr: Do electric automated vehicles pose a threat to real estate or certain kinds of real estate as a long term investment?
Submitted January 13, 2018 at 11:46PM by uwjames http://ift.tt/2D0Qyog
