[Davisgig] FTTH Increases Home Values

[Richard Lowenberg]

Yes, the Santa Cruz initiative is worthy of attention.

Here's another useful resource:


FTTH adds 3.1% to home values says study

July 7, 2015
Lightwave Staff

http://www.lightwaveonline.com/articles/2015/07/ftth-adds-3-1-to-home-values-says-study.html?cmpid=EnlDATACOMJuly72015&eid=288563611&bid=1114486

The Fiber to the Home (FTTH) Council Americas last week at its FTTH 
Connect 2015 conference released results of a study that indicates a 
gigabit FTTH connection can add up to 3.1% to the value of a home. That 
equates to an extra $5,437 on a typical home.

The study, conducted by Gabor Molnar and Scott J. Savage of the 
University of Colorado at Boulder's Department of Economics and Douglas 
C. Sicker of Carnegie Mellon University's Department of Engineering and 
Public Policy Institute for Software Research, uses the National 
Broadband Map and a nationwide sample of real estate prices from 2011 to 
2013 to examine the relationship between fiber-based Internet services 
and housing prices. The study found that adding FTTH to a home raises 
its value 1.3%; upgrading the FTTH connection from 100 Mbps to 1 Gbps 
adds another 1.8%.

The study authors have compiled their findings into a whitepaper 
(download it). Their work follows an earlier study funded by the council 
that suggested that the presence of gigabit fiber-optic broadband is 
associated with higher per capita GDP.

"The evidence is mounting: Investment in fiber improves the economic 
performance of a community as well as its quality of life," said FTTH 
Council President and CEO Heather Burnett Gold. "Around the United 
States, leaders at the local level have started to think about how their 
community's Internet infrastructure is a catalyst for economic, 
educational, and governmental innovation."

"The benefits of all-fiber, ultra-high bandwidth networks are clear to 
people in communities where it is deployed," said FTTH Council Board 
Chairman Kevin Morgan, "Today's findings further validate our mission as 
an organization: to promote investment in and adoption of FTTH services 
throughout the country creating value for service providers and their 
customers. We're looking forward to working with more providers, 
communities, and leaders to make that happen."

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On 2015-07-07 09:17, Steve McMahon wrote:
> We'll want to follow this!
> 
> http://www.santacruztechbeat.com/2015/06/25/cruzio-gigabit-fiber-santa-cruz/
> 

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Richard Lowenberg, Executive Director
1st-Mile Institute     505-603-5200
Box 8001, Santa Fe, NM 87504,
rl at 1st-mile.org     www.1st-mile.org
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