Designing Transparent Real Estate Open Data Systems: Sydney, Dubai and London

The role of Real Estate Open Data Systems (‘RE-ODS’) is investigated by identifying and reflecting on the real estate backdrop, transparency initiatives and issues in Sydney, London and Dubai. Significant capital flows into these iconic cities has stimulated their housing markets and accentuated their position as global trade, tourism, financial and logistics hubs. However, rapid urban intensification has accentuated housing affordability pressures. The chapter reflects on the extent to which real estate systems in these three metropoli substantively address their respective real estate challenges. It found, first, that the RE-ODS needs to interact with other Spatial Administrative Systems. Second, to attenuate information asymmetry, the RE-ODS needs wide public engagement. Finally, an evolving RE-ODS is underpinned by capable institutions, professional meta-cognition, collaboration and policy learning