Real estate Quote by Hernando de Soto
““In Haiti, untitled rural and urban real estate holdings are together worth some 5.2 billion. To put that sum in context, it is four times the total of all the assets of all the legally operating companies in Haiti, nine times the value of all assets owned by the government, and 158 times the value of all foreign direct investment in Haiti's recorded history to 1995.””
About This Quote
Source Report: Economic Overview of Haiti, Hernando de Soto, 1995
Haiti’s real estate assets vastly exceed the combined value of its companies, government holdings, and foreign investment, highlighting untapped wealth.
In simple terms: Haiti’s land is worth far more than its businesses or foreign money.
Consider leveraging real estate to boost Haiti’s economy.
Themes
Mood
Type
When to use this quote
- government budgeting
- foreign investment decisions
- urban planning
- rural development
Key Concepts
Questions to Reflect On
- How can Haiti unlock this hidden wealth?
- What policies could protect local owners while attracting investment?
Legal and political barriers may hinder asset utilization.