Broadband's relationship to rural housing values

Deller, Steven C.; Whitacre, Brian E.

doi:10.1111/pirs.12450

Cited by 44 publications

(26 citation statements)

References 89 publications

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“…Although some studies found that broadband was not an important contributor (Jayakar and Park 2013), a majority of research has documented a positive correlation or even a potentially causal relationship between broadband access/adoption and improvements in income and employment (Kolko 2012;Holt and Jamison 2009;Whitacre et al 2014a). Other studies have shown that broadband matters for other areas of life as well, including civic engagement, housing values, and migration (Mossberger et al 2012;Mahasuweerachai et al 2010;Deller and Whitacre 2019).…”

Section: Introductionmentioning

confidence: 99%

Broadband metrics and job productivity: a look at county-level data

et al. 2020

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The impact of broadband access and use continues to transform the socioeconomic landscape placing this twenty-first century infrastructure at the center of current policymaking discourse. Past studies have found a relationship between infrastructure investments and economic productivity. Recent broadband-related studies, however, have focused on general availability or adoption, and do not distinguish which specific aspect of the technology is most associated with productivity. Utilizing crosssectional county-level data from 2017 and spatial econometric models, this research looked into better understanding the impact of multiple broadband indicators on job productivity, including innovative broader measures of digital inclusion. Results indicate that broader metrics focused on adoption or digital distress had a larger positive impact on job productivity in comparison to measures focused on speed or availability. Moreover, these impacts vary across urban and rural settings. Although the relationships identified are not necessarily causal, an alternative matching technique generally supports the results. These findings suggest that the relationship between broadband and economic productivity should be viewed from a larger, more comprehensive socioeconomic perspective. Future research should focus on looking at these effects over time and assess how policies focused on specific broadband characteristics have impacted growth.

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Section: Introductionmentioning

confidence: 99%

Broadband metrics and job productivity: a look at county-level data

et al. 2020

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“…Our study expands on this work by using a spatial hedonic framework to examine broadband’s value for an individual house using two distinct counties in a relatively rural state (Oklahoma). This hedonic approach is significantly different in nature to the aggregate county-level work performed by Deller and Whitacre (2019).…”

Section: Literature Reviewmentioning

confidence: 96%

“…Deller and Whitacre (2019) recently address the relationship between fixed terrestrial Internet availability and housing prices for residents in remote rural counties. Using national data on nonmetropolitan counties not adjacent to metropolitan areas and a series of spatial models, they find a positive and statistically significant impact of broadband availability on housing values across five speed categories, specifically for the lower speed thresholds (Deller and Whitacre 2019). At the county level, they show that a 10 percent increase in Internet speeds is associated with an average housing value increase ranging from $230 to $661 (Deller and Whitacre 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

“…Using national data on nonmetropolitan counties not adjacent to metropolitan areas and a series of spatial models, they find a positive and statistically significant impact of broadband availability on housing values across five speed categories, specifically for the lower speed thresholds (Deller and Whitacre 2019). At the county level, they show that a 10 percent increase in Internet speeds is associated with an average housing value increase ranging from $230 to $661 (Deller and Whitacre 2019). These findings add to the growing literature supporting the provision of broadband in rural locations.…”

Section: Literature Reviewmentioning

confidence: 99%

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Home Is Where the Internet Is? High-speed Internet’s Impact on Rural Housing Values

Conley

Whitacre

2020

International Regional Science Review

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The deployment of faster household Internet speeds enables new opportunities for entertainment, social interaction, and personal development, and many consider such access an essential component of everyday life. However, rural residents face lower availability, slower speeds and limited provider options, putting them at a disadvantage when compared to their urban counterparts. Connected rural households, especially those with higher speeds, may experience a premium on their home value. Data from the National Broadband Map, the Federal Communications Commission, and over 2,700 housing transactions from June 2011 to June 2017 are used to examine the impact of broadband availability on housing values in two rural Oklahoma counties via a hedonic price model. The results find no support for the existence of a broadband premium, and stress that differences across counties are crucial in assessing rural housing prices.

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“…The amount of literature focused explicitly on rural broadband has grown dramatically over the past decade. Several papers have found that broadband availability is an important factor for rural business location choices ( Kim & Orazem, 2017 ; Mack, 2014 ), and others have documented its positive impact on rural in-migration rates ( Mahasuweerachai et al, 2010 ) and housing values ( Deller & Whitacre, 2019 ). COVID-19 has brought the rural broadband issue to the forefront of the policy environment for a variety of institutions ( Cullen, 2020 ; Giorgi, 2020 ).…”

Section: Introductionmentioning

confidence: 99%

State broadband policy: Impacts on availability

Whitacre

Gallardo²

2020

Telecommunications Policy

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We use a county-level panel dataset from 2012 to 2018 to assess the impacts of various state policies on total and rural broadband availability in the United States. The primary dependent variable is the percentage of residents with access to 25 Megabits per second (MBPS) download and 3 MBPS upload speeds via a fixed connection, with alternative specifications considering other aspects of availability such as technology type and competition. We control for the main determinants of Internet availability such as income, education, age, and population density. Our policy variables come from the newly released State Broadband Policy Explorer from the Pew Charitable Trusts and individual contacts from the nationwide State Broadband Leaders Network. Our primary policies of interest are those related to: (1) availability of state-level funding, (2) existence of a state-level broadband office/task force with full-time employees, and (3) restrictions on municipal/cooperative broadband provision. We find a positive and significant impact of state-level funding programs on general (and fiber) broadband availability, and a negative impact of municipal/cooperative restrictions. The findings are similar when the analysis is restricted to the rural portions of counties.

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Broadband's relationship to rural housing values

Cited by 44 publications

References 89 publications

Broadband metrics and job productivity: a look at county-level data

Broadband metrics and job productivity: a look at county-level data

Home Is Where the Internet Is? High-speed Internet’s Impact on Rural Housing Values

State broadband policy: Impacts on availability

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