How technology advances will enhance the way you search for your next home…
Last week Google made the announcement that they are about to build & test a broadband network in a number of locations in America to achieve speeds of 1Gb / second or 10 times faster than the Rudd government plan. Google stated “Our goal is to experiment with new ways to help make Internet access better and faster for everyone. Here are some specific things that we have in mind:
- Next generation apps: We want to see what developers and users can do with ultra high-speeds, whether it’s creating new bandwidth-intensive “killer apps” and services, or other uses we can’t yet imagine.
- New deployment techniques: We’ll test new ways to build fiber networks, and to help inform and support deployments elsewhere, we’ll share key lessons learned with the world.
- Openness and choice: We’ll operate an “open access” network, giving users the choice of multiple service providers. And consistent with our past advocacy, we’ll manage our network in an open, non-discriminatory and transparent way.”
Continuing on this theme in our own backyard, on Tuesday The Australian featured an article ‘Broadband network will be $43bn white elephant’
“THE present federal budget describes the Rudd government’s $43 billion national broadband network as the single largest building infrastructure project in Australian history.
But it could end up as one of Australia’s biggest and costliest infrastructure debacles. And that’s saying something when you look at the financial disaster that has engulfed the home insulation program and the amount of taxpayers’ money wasted on the mismanagement of the primary school building revolution.
What has emerged from these multi-billion-dollar spending splurges is an absence of good governance. Political rhetoric and spin have taken precedence over economic common sense.
The NBN is no exception. It is just that the financial cost of failure is so much higher. The project’s operating body, NBN Co, is flying by the seat of its pants on a mission from Kevin Rudd to deliver a national high-speed fibre-optic broadband network at the cutting-edge of world standards.”
Although aiming to be cutting edge, the significant investment if it goes ahead to completion may not end up being so cutting edge once implamented. As the article continued “one industry expert predicted last night: “Within 10 years at the latest the use of 4G wireless services will show that Rudd’s decision to extend the broadband rollout from the node into the home was just plain stupid.” ”
Moving past the cost & how it’s achieved, from a real estate marketing point of view – having these internet speeds available will continue the dramatic shift in the way properties are marketed & how consumers search for their next home. With bandwidth that allows Doctors to consult on an operation live in High Definition on the otherside of the world or instantly send huge files of CT’s, MRI’s or X-Ray’s round the world, there certainly would be no more waiting for clunky technology to load a virtual tour or video.
The timeframe is the big question – how long are we going to have to wait till this becomes our reality not just the dream?
One thing is for sure, the team at R&W Seaforth will be embracing the change & moving with the times, after an extensive investment in our new website & a number of changes still the be unveiled, we look forward to assisting you find the right home with the minimum of fuss.
We look forward to your posts on the blog with any additional thoughts & comments from our readers.
Please feel free to email us if you have any further questions about technology, the market or real estate in general – it would be great to hear from you.
Till we meet again, wishing you all the best in your property search!
The Team at R&W Seaforth/Balgowlah.
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To keep an eye on this week’s reported Seaforth real estate, Clontarf real estate, Balgowlah real estate, Balgowlah Heights real estate and North Balgowlah real estate Click Here*
*Sales are as reported by Australian Property monitors on 18/03/2010
19.03.10