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56% Do Not Want to Ride in a Driverless Vehicle

Tuesday, January 2, 2018

When Americans are asked whether they would ride in a driverless vehicle if given the chance, the naysayers outnumber the yaysayers. The 56% majority of Americans aged 18 or older would say no to riding in a driverless vehicle, according to a Pew Research Center survey, and 44% would say yes. Here are the not-so-surprising demographics of those who would say yes...

Percent who would want to ride in a driverless vehicle

Men: 53%
Women: 35%

Under age 50: 51%
Aged 50-plus: 35%

College graduate: 56%
Some college: 44%
High school or less: 33%

Urban: 52%
Suburban: 40%
Rural: 36%

Why are so many people hesitant to ride in a driverless vehicle? The single biggest reason, cited by 42% according to Pew, is lack of trust in technology/unwillingness to cede control to a machine. Before you wring your hands in despair over America's Luddite majority, keep in mind that if Pew had been around to survey the public about horseless carriages, the naysayers likely would have been just as numerous and for the same reason.

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How Young Adults Live: 1967 and 2017

Friday, January 19, 2018

The living arrangements of 25-to-34-year-olds have changed dramatically over the past 50 years, according to Census Bureau statistics. In 1967, more than 80% of 25-to-34-year-olds lived with a spouse. In 2017, no single living arrangement accounts for...

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Remodeling Market to March Higher in 2018

Friday, January 19, 2018

The coming year is expected to be another robust one for residential renovations and repairs with growth accelerating as the year progresses, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program...

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Toll Brothers and the Rise of “Affordable Luxury”

Wednesday, January 17, 2018

At the end of my recent conversation about the luxury condo market with David Von Spreckelsen, who founded Toll Brothers City Living (TBCL) nearly 15 years ago, he pitched me the company’s newest development, 91 Leonard, in New York City’s...

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