The Real Estate Innovators

The Impact of Autonomous Vehicles on Real Estate with Phil Levin, Founder of 99mph

04.19.2018 - By Ryan CoxPlay

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Phil Levin is the founder and principal of 99mph, a boutique consulting firm which is preparing policy makers, investors, and businesses for the disruptive arrival of autonomous vehicles. Prior to starting 99mph, Phil was the creator of two international teams as part of Facebook’s internet.org initiative, helping to bring over 25 million people online.

What’s the Big Idea?

Let’s start with real estate. Cars (the Henry Ford kind) completely reshaped the built environment of the United States — giving us the suburbs and shopping malls and pulling people out of cities. What will self-driving cars do to our cities and suburbs? Surely something equally as dramatic.

Key Learning

It was surprising to learn that increased mobility will see the population move farther out from city centers.

Interesting that data shows that the value of real estate between 30-60 minutes from the city center will see the greatest shifts in value.

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Episode sources

* To learn more about Phil Levin visit here.

* To learn more about 99ph visit here.

* Check out the Medium article that piqued my interest in Phil’s work.

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