I think looking at policy specifically can be first world and narrow, but I’m with a company looking to raise the accuracy of property assessment period, and I think there’s a lot of impact to be had there.
For instance we’ve worked with some poor Eastern European countries who are only now getting proper data collection and models set up, which will help them tax much more effectively, as well as help stabilize their real estate market. It’s still early days though!
I think looking at policy specifically can be first world and narrow, but I’m with a company looking to raise the accuracy of property assessment period, and I think there’s a lot of impact to be had there.
For instance we’ve worked with some poor Eastern European countries who are only now getting proper data collection and models set up, which will help them tax much more effectively, as well as help stabilize their real estate market. It’s still early days though!
I’d like to think proper land management is also crucial going from third or second world to first world, as Scott points out in his review of How Asia Works. https://astralcodexten.substack.com/p/book-review-how-asia-works