{"id":5802,"date":"2013-09-28T11:37:39","date_gmt":"2013-09-28T15:37:39","guid":{"rendered":"http:\/\/www.l-a-k-e.org\/blog\/?p=5802"},"modified":"2013-09-28T11:39:41","modified_gmt":"2013-09-28T15:39:41","slug":"broadband-fiber-correlates-with-increased-house-prices","status":"publish","type":"post","link":"http:\/\/www.l-a-k-e.org\/blog\/2013\/09\/broadband-fiber-correlates-with-increased-house-prices.html","title":{"rendered":"Broadband fiber correlates with increased house prices"},"content":{"rendered":"<p>\r\nPreliminary research indicates that broadband fiber results in about 5% increase\r\nin property values for connected houses.\r\nThis would indicate that an MSA wanting to profit from broadband should want\r\nto deploy it as widely as possible, especially in new housing.\r\nHm, what&#8217;s the Homebuilders&#8217; Association&#8217;s position on this?\r\n<p style=\"text-align:center;font-size:80%\">\r\n<a href=\"http:\/\/www.flickr.com\/photos\/98706376@N00\/9982674885\/sizes\/z\/\" title=\"NCM 0268 fiber ... result in 5.1% change in real estate value\">\r\n<img decoding=\"async\" style=\"border:none;\" src=\"http:\/\/farm8.staticflickr.com\/7295\/9982674885_aed842f96d_z.jpg\" alt=\"NCM 0268 fiber ... result in 5.1% change in real estate value\"><\/a>\r\n<\/p>\r\n<p>\r\nThe authors report that\r\n&#8220;fiber presence is associated with a positive effect on property values&#8221;,\r\nin\r\n<a href=\"http:\/\/ssrn.com\/abstract=2241926\">\r\nThe Impact of High-Speed Broadband Availability on Real Estate Values: Evidence from United States Property Markets<\/a>\r\nby Gabor Molnar, University of Colorado at Boulder; Scott Savage, University of Colorado at Boulder; Douglas Sicker, University of Colorado at Boulder.\r\n<\/p>\r\n<!--more-->\r\n<p style=\"text-align:center;font-size:80%\">\r\n<a href=\"http:\/\/www.flickr.com\/photos\/98706376@N00\/9982687864\/sizes\/z\/\" title=\"NCM 0271 fiber presence is associated with a positive effect on property values\">\r\n<img decoding=\"async\" style=\"border:none;\" src=\"http:\/\/farm3.staticflickr.com\/2845\/9982687864_e35250e37e_z.jpg\" alt=\"NCM 0271 fiber presence is associated with a positive effect on property values\"><\/a>\r\n<\/p>\r\n<p>\r\nThe authors took many variables into account, thus isolating the broadband effect.\r\n<\/p>\r\n<p style=\"text-align:center;font-size:80%\">\r\n<a href=\"http:\/\/www.flickr.com\/photos\/98706376@N00\/9982736506\/sizes\/z\/\" title=\"NCM 0272 Model Variables\">\r\n<img decoding=\"async\" style=\"border:none;\" src=\"http:\/\/farm6.staticflickr.com\/5329\/9982736506_3cf94e1871_z.jpg\" alt=\"NCM 0272 Model Variables\"><\/a>\r\n<\/p>\r\n<p>\r\nOf course correlation is not causality, and this study was from only three\r\nMSAs\r\nin nine counties in New York State for 2011;\r\nnonetheless the results are quite suggestive.\r\n<\/p>\r\n<p style=\"text-align:center;font-size:80%\">\r\n<a href=\"http:\/\/www.flickr.com\/photos\/98706376@N00\/9982690064\/sizes\/z\/\" title=\"NCM 0275 Master Dataset: 3 MSAs, 9 counties, in New York State for 2011\">\r\n<img decoding=\"async\" style=\"border:none;\" src=\"http:\/\/farm4.staticflickr.com\/3711\/9982690064_dcbc513c66_z.jpg\" alt=\"NCM 0275 Master Dataset: 3 MSAs, 9 counties, in New York State for 2011\"><\/a>\r\n<br>\r\nPictures by John S. Quarterman for Lowndes Area Knowledge Exchange (LAKE),\r\n<br>\r\nValdosta, Lowndes County, Georgia, 28 September 2013.\r\n<\/p>\r\n<p>\r\nThe study didn&#8217;t include wireless broadband access such as 4G LTE.\r\nThe presenting author said he would look into data to do that in the future.\r\n<p>\r\n -jsq\r\n<\/p>","protected":false},"excerpt":{"rendered":"Preliminary research indicates that broadband fiber results in about 5% increase in property values for connected houses. This would indicate that an MSA wanting to profit from broadband should want to deploy it as widely as possible, especially in new housing. Hm, what&#8217;s the Homebuilders&#8217; Association&#8217;s position on this? The authors report that &#8220;fiber presence [&hellip;]","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[14,132],"tags":[6988,506,8704,6259,6992,8701,6993,8741,548,8702,12,7,2928,29,1111,95,6990,6989,6991,6],"class_list":["post-5802","post","type-post","status-publish","format-standard","hentry","category-economy","category-internet-access-speed","tag-28-september-2013","tag-broadband","tag-economy","tag-fiber","tag-gabor-molnar","tag-georgia","tag-homebuilders","tag-internet-access-speed","tag-john-s-quarterman","tag-lake","tag-lowndes-area-knowledge-exchange","tag-lowndes-county","tag-market","tag-price","tag-property","tag-real-estate","tag-telecommunications-research-policy-conference","tag-tprc","tag-tprc-41","tag-valdosta"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p585fK-1vA","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/5802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/comments?post=5802"}],"version-history":[{"count":2,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/5802\/revisions"}],"predecessor-version":[{"id":5804,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/5802\/revisions\/5804"}],"wp:attachment":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/media?parent=5802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/categories?post=5802"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/tags?post=5802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}