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The average US single family home price is around $200k[1]. It's not going to go up in value by $50k because of fiber, even if you could expand your home equit
by kjs3 11y ago
The average US single family home price is around $200k[1]. It's not going to go up in value by $50k because of fiber, even if you could expand your home equity line by enough to get it (and in my neighborhood where the median is something like $400-500k, you'd get laughed out of the bank). What you mean to say is "in a microscopically tiny portion of the housing market where high-tech convenience is a driver of housing cost, and housing costs are several times the national average, a $50k expenditure to call the cable companies bluff might make sense".
[1]http://www.realtor.org/sites/default/files/reports/2015/embargoes/2015-q2-metro-home-prices/metro-home-prices-q2-2015-single-family-2015-08-11.pdf http://www.realtor.org/sites/default/files/reports/2015/emba...