
I recently came across a real estate product called LandGlide. It's an app that provides parcel boundaries and detailed property information for over 99% of the US population. It's also "available" in Canada, but it doesn't tell you much about properties here. In the US, you can easily access things like:
Owner’s name or legal entity
Mortgage balance and terms
Assessed value and tax amounts
Square footage and year built
Granular details (even down to whether the home has a fireplace)
The reason for this difference is that in the US, property data is generally considered public record, whereas in Canada, we have stricter privacy laws. But it's not like we make this information strictly private. We just gate it and make it more cumbersome and costly to obtain through services like GeoWarehouse.
I know that some of you will argue that it's better to "sort-of-kind-of" restrict this data from being freely displayed online. But hear me out: this philosophical data difference is an important one that hurts innovation.
In Canada, property data is monopolized and, therefore, cumbersome and expensive to access. It's an unnecessary barrier to innovation. In the US, the same kind of data has become commoditized. It's easy and cheap to access, and so the barriers to building new ideas on top of it are significantly lower.
For example, Paul Crowe, who is the CEO of a Toronto-based real estate company called House Beat, responded to one of my tweets by saying