Sunday, March 02, 2014

Slow broadband wipes 20% off house prices - Telegraph

Slow broadband wipes 20% off house prices - Telegraph: Slow broadband speeds can wipe as much as 20 per cent off the value of properties and lack of superfast connectivity in an area can be a dealbreaker in house sales, property experts have said.

With growing numbers of people going online to perform tasks ranging from working to grocery shopping and streaming entertainment, good broadband has become critical.

Property search website Rightmove has now added a broadband speed checker to every one of its listings alongside factors such as quality of local schools and transport links.
It's only a matter of time before we'll see this spread to the United States where plenty of residential properties nominally in the service areas of incumbent telephone and cable companies nevertheless lack Internet connections.

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