Real estate market impacted by poor Internet access

Submitted by acohill on Mon, 10/14/2013 - 10:18

Via Eldo Telecom, news that in England, people are moving from the country to larger towns because of bad Internet access. As Fred Pilot of Eldo points out (correctly, I believe), rural communities in the U.S. are also at risk. It's hard to imagine how anybody can manage with a dial up connection at home, which of course leads to people parking in the McDonald's parking lot so they can retrieve their email or so their kids can do their homework. Fred also points to a 2009 study showing that home buyers in the U.S. rank fiber broadband service as the number one amenity they look for in a property.

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