Resource title

The unreal estate

Resource image

image for OpenScout resource :: The unreal estate

Resource description

For many people around the world, property rights are not well defined, enforced or monitored; resulting in over half of the world’s population living and working on ‘unreal estate’, i.e. without the security of property ownership.

In her book Prosperity Unbound: Building Property Markets With Trust, INSEAD alumna Elena Panaritis presents a holistic approach to combating this lack of formal rights, arguing that a new thinking process, combined with successful diagnosis and determination for change, could transform society. She says informality has arisen because of the mismatch between institutions, organisations and society’s demands.

Resource author

Resource publisher

Resource publish date

Resource language


Resource content type


Resource resource URL

Resource license

Copyright INSEAD. All rights reserved