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New home buyers in the UK want running water, electricity and ultrafast broadband according to property developer The Berkeley Group.

Berkeley chief executive Rob Perrins says: “If we weren’t able to offer fibre, I think there would be the real prospect of some people walking away from property sales.”

There’s anecdotal evidence the same applies to home buyers in New Zealand. It’s not just new homes. Which is why it’s important that our fibre build reaches as far as possible, there’s a danger that house off the network will be hard to sell. Neighbourhoods off the UFB network could become ghettos.

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