Americans Voice Support for Net Neutrality

Source: Statista

Last Wednesday, the Federal Communications Commission (FCC) released its plan to reverse net neutrality regulations that were put in place under the Obama administration in 2015. Net neutrality is the concept that all internet traffic should be treated equally by internet service providers (ISPs), regardless of the content that is delivered or who it was created by.

The new proposal, named the Restoring Internet Freedom order, would no longer classify ISPs as public utilities but rather as information services, meaning that telecommunication companies such as Comcast or Verizon would be legally allowed to create so-called fast lanes for content by providers that either pay for preferential treatment or that the ISP itself has a financial stake in, such as Comcast has in NBC Universal. While the FCC argues that scrapping net neutrality rules would boost investments and innovation by limiting government regulation, advocates of net neutrality argue that the concept creates a level playing field for content providers and fear that getting rid of net neutrality would stifle competition and further increase concentration in the online media landscape.

As our chart, based on a Consumer Reports survey, shows, the majority of Americans support the current net neutrality rules and don’t think that ISPs should be allowed to regulate what content their customers can access. The FCC will vote on the order on December 14 and considering the Republican majority in the commission, it is expected to pass regardless of the vocal opposition from companies and consumers alike.

Net Neutrality Infograhic

NAR Voice for Real Estate – Net Neutrality, Closing Disclosure, Finance Reform

NAR is working with other groups to fight against efforts to roll back net neutrality rules to help maintain an even playing field for all real estate content online.

The following video also looks at a win for agents now that the CFPB has made clear lenders can make the closing disclosure available to agents without violating federal privacy rules. Housing finance reform, home staging, and brokerage succession planning are also covered.

The Voice for Real Estate Discusses Net Neutrality, Patent Trolls

Real estate wins with federal rule prohibiting fast and slow lanes on the Internet. That’s the top story in the latest news video from ‘The Voice for Real Estate’. Other news for the week of March 9, 2015: A Realtor® wins a lawsuit against a patent troll and NAR testifies before Congress to get legislation passed to curb these types of abusive patent troll lawsuits once and for all. And NAR looks into why creditworthy renters are having such a hard time getting financing to become home owners.