People don't
perfectly obey speed limits, but lowering speed limits does lower average traffic speeds. When limits were reduced from 30 mph to 20 mph in much of Cambridge (the original one), local news reported that average traffic speed in those areas reduced from 35 mph to 25 mph.
Also in Cambridge, there’s a thing called “park and ride”. I have no idea how common park and ride in the USA, but Wikipedia says it exists. Summary of the idea [1]: out-of-town car park with a good public transport link to where commuters need to go.
Unfortunately, people whose retirement depends on their house retaining its value are probably screwed regardless — what happens when self driving, self-charging, solar covered RVs/mobile TinyHomes/seasteads can be mass produced (including interiors) by the sort of robots currently used for cars? Material costs for those should only come to about $35k, most of which is the battery, which doesn’t need to be as large as the one in a commuter vehicle like a Tesla.
[1] implementations vary in quality.