The Rent Is Too Damn High

Rents in Reno are going up:

Why? Because Tesla is moving in and apartment owners anticipate an increase in demand.

This is ironic, since the long-run effect of self-driving cars will be to greatly expand feasible commuting distances and thus lower demand in most (all?) locations.

But I guess in the long-run we are all dead.


Originally published at www.davidincalifornia.com on November 16, 2015.

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