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Valuing the virtual: The impact of fiber to the home on property prices in France

Author

Listed:
  • Jean-Baptiste Guiffard

    (UP1 - Université Paris 1 Panthéon-Sorbonne, DEVSOC - UMR Développement et Sociétés - UP1 - Université Paris 1 Panthéon-Sorbonne - IRD - Institut de Recherche pour le Développement, IEDES - Instutut d'Études du Développement de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne)

Abstract

This paper examines the value that households place on very high-speed internet access, explicitly focusing on the impact of eligibility for Fiber to the Home (FTTH) technology on property prices. Using a Spatial Discontinuity Design based on the border of fiber eligibility zones which have significantly expanded under France's Très Haut-Débit plan, I find that FTTH eligibility is a significant determinant of property prices, with an average increase of 0.9 percent. I also consider heterogeneities in FTTH valuation, accounting for socioeconomic characteristics, local factors, and the performance of legacy copper networks. These findings highlight the growing importance of fast and reliable broadband access for households and have important implications for policymakers and Internet service providers.

Suggested Citation

  • Jean-Baptiste Guiffard, 2024. "Valuing the virtual: The impact of fiber to the home on property prices in France," Post-Print hal-04518375, HAL.
  • Handle: RePEc:hal:journl:hal-04518375
    DOI: 10.1016/j.telpol.2024.102732
    as

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