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milnoc
Member
2013-Apr-9 12:53 pm
House Prices Will Skyrocket in AustinJust like in Kansas City, house prices where Google Fibre will be installed will very likely increase dramatically in the coming weeks, with many homes bought up by start-ups and real estate speculators renting them out at a premium price. |
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1 recommendation |
I live in the "Gig City" and I've had access to 1Gb for some time. I have not seen my property value move in any direction because of the availability of Fiber. |
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silbaco Premium Member join:2009-08-03 USA |
silbaco
Premium Member
2013-Apr-9 1:57 pm
Out of curiosity, any idea if the properties without access to the fiber have seen a decrease in property value? |
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1 recommendation |
It's not making a difference one way or another. I think the only thing that may matter is if you can get "high speed" from someone. In most parts of Chattanooga you can choose from at&t, Comcast, and EPB. I would say at least 99% of homes have access to at least Comcast and EPB. at&t has a pretty large DSL foot print though there are parts of town with access to 1.5 - 3Mb. uVerse is available here but I have no idea what the foot print is nor do I know anyone who has uVerse. |
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to milnoc
Total BS. If this was the case many other areas would see this without property values going down. And you do realize that in a majority of the US- it is illegal to operate a business from a home- especially knowingly purchasing or renting the home in a residential area for the purpose of a business. Zoning laws will catch up to people doing this and it's not worth it- especially when neighbors call and complain about traffic and the amount of cars being parked on the streets, etc. |
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to battleop
Just curious, how much is their Gig service there? |
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50 $58 100 $70 250 $140 1000 $300 |
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300 is pretty steep compared to 70 |
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I don't see that it will make house prices "Skyrocket" |
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