Property and Population, page-128

While largely irrelevant to current investment choices, the cycles in the coming decades (15-25 years out) will be unlike anything we've seen, and very difficult to predict. Self driving cars driving significant drop in transport costs (resulting in reduced pressure to be near transport hubs, shops, and corresponding reduced need for retail bricks and mortar stores). Deflation in energy prices as cost of renewables/storage solutions continues to trend down. Increase in telecommuting with convincing VR telepresence, reducing need to be in a physical office. Automation applied to new building construction (slashing construction costs). That's just the obvious stuff, but a tidal wave of change is coming.