3 ms·
>Over 10 years, that's $42/mo. Over 20 years, $21/mo. That's non-trivial if the solution to your internet woes might just be a couple years away. Except... The
by varelse 5y ago
>Over 10 years, that's $42/mo. Over 20 years, $21/mo. That's non-trivial if the solution to your internet woes might just be a couple years away.
Except... The value of each house would probably increase by $10K-$15K or so:
"Controlling for speed, homes in CBGs where fiber is available have a price that is about 1.3 percent more than similar homes without fiber."
https://realtorparty.realtor/community-outreach/rural-outreach-initiative/news-resources/impact-of-broadband https://realtorparty.realtor/community-outreach/rural-outrea...
My new neighbors are increasingly tech TLAs as the former generation sells their homes off for 2-3x what they paid 20+ years ago. Median house price in my neighborhood is ~$1.1M ATM.
- kortilla 5y agoFrom that abstract: > Applying this strategy to a micro data set from England between 1995 and 2010 we find a significantly positive effect, but diminishing returns to speed. England isn’t filled with million dollar homes.