Uber and driverless cars threaten premium for homes near transit

(FILES) In this file photo taken on March 27, 2017 an Uber self-driving car drives down 5th Street on March 28, 2017 in San Francisco, California. The race to perfect robot cars continues despite fears kindled by the death of a woman hit by a self-driving Uber vehicle while pushing a bicycle across an Arizona street. Uber put a temporary halt to its self-driving car program in the US after the fatal accident this month near Phoenix, where several other companies including Google-owned Waymo are testing such technology. / AFP PHOTO / Getty Images North America / JUSTIN SULLIVAN / With AFP Story by Ian TIMBERLAKE: US-lifestyle-internet-automobile-Uber,foucs

The premium that a condo near the train has long commanded is under threat. 

Ride-sharing services such as Uber Technologies Inc and Lyft Inc, and the advent of electric vehicles and driverless cars, are poised to chip away at the higher prices that real estate around subways and bus stops has earned, according to a report from MetLife Inc’s asset-management business released Tuesday.