The Global Phoenix - Issue 3 August 2017 | Page 22

Case Study Sourcing Expatriate Housing data in Hardship Destinations Obtaining the Facts - Process Flow There are 3 main steps in the data supply process: STEP 1 - Collection & Evaluation of ‘raw data’ STEP 2 - Collation & Cataloguing of data STEP 3 - Analysis & Interpretation of data - establishing trends and forecasts In each of these 3 steps, the challenges encountered when working globally to obtain accurate, current and transparent data must be identified and overcome. Challenges in STEP 1 - Collection & Evaluation of Raw Data 1. The Mindset Challenge - Local vs Global Mentality Expectations - As has been stated, on-the-ground local suppliers, and indeed often also local HR, may not be cognizant of corporate and expatriate expectations and requirements as they themselves and their usual clientele live in a different reality, the local reality. This can present a challenge if trying to source pricing data through this channel. Perception and Evaluation - Our own evaluation is bound by the reality we personally experience. A local may evaluate a specific property as being a ‘good standard’ residence, whereas an expatriate would not even consider it. In many hardship destinations property portals at times advertise a property as ‘haut standing’ (French for high- standard properties) or ‘luxury dwelling’. The data collector must learn to look past the adjectives and superlatives to the facts from an expat’s perspective: Page 22 www.theglobalphoenix.org Home Finishings - An example is an advert placed online in 2016 for a rental property in Douala, Cameroon. A glowing description was given of how the house had a ‘concrete floor’. Locally, where many properties have compacted ground as flooring, this is indeed luxury, but no expat would be content with a concrete floor anywhere but a garage or toolroom. What is perceived as a luxury locally is perceived as substandard by the expatriate!