Experts believe self-driving cars have the potential to make housing construction cheaper by eliminating parking needs, based on a recent report from San Diego real estate analyst Gary London.

London believes the cost of constructing new homes would be reduced by 20 to 25 percent if the need for parking is eliminated. According to the San Diego Union-Tribune, the cost of one parking spot in a new San Diego apartment is estimated to be $10,000 on the ground level and $30,000 for a spot above ground. The cost for an underground space is much higher, clocking in at $70,000. If those costs could be eliminated, real estate prices can be reduced. A decrease in cost could help ease the housing crisis that has been worsening around the state in recent years, particularly in metropolitan areas like San Francisco.

 London does admit that it might be difficult to persuade many Americans to trade their cars for an autonomous system. But he does believe that younger people aren’t as married to the idea of owning a car than older generations are.

 Like them or not, self-driving cars will likely become a normal sight on the road sooner or later. General Motors, the largest automaker in the United States, recently bought a company called Strobe, which develops technology to help self-driving vehicles identify oncoming objects. In addition, the Senate Commerce, Science, and Transportation Committee approved a bill that will give automakers the ability to sell up to 80,000 self-driving cars within three years.