Car-lite impacts on housing market and vehicle ownership

Abstract

In this paper, the authors examine the sensitivity of housing market behaviors and identify the key factors and market forces that result from the adoption of car-lite neighborhoods. In particular, the authors seek to answer the following questions: How will households’ perception of transportation system performance change due to car-lite policies such as autonomous vehicle (AV) implementation? How will households’ long-term decisions change (e.g. residential location and vehicle ownership)? How will the urban form change in response to the changes of agents’ attitudes/preferences regarding AV services?