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In Urban Land Rent, Anne Haila uses Singapore as a case study to develop an original theory of urban land rent with important implications for urban studies and urban theory. Provides a comprehensive analysis of land, rent theory, and the modern city Examines the question of land from a variety of perspectives: as a resource, ideologies, interventions in the land market, actors in the land market, the global scope of land markets, and investments in land Details the Asian development state model, historical and contemporary land regimes, public housing models, and the development industry for Singapore and several other cities Incorporates discussion of the modern real estate market, with reference to real estate investment trusts, sovereign wealth funds investing in real estate, and the fusion between sophisticated financial instruments and real estate
In Urban Land Rent, Anne Haila uses Singapore as a case study to develop an original theory of urban land rent with important implications for urban studies and urban theory. Provides a comprehensive analysis of land, rent theory, and the modern city Examines the question of land from a variety of perspectives: as a resource, ideologies, interventions in the land market, actors in the land market, the global scope of land markets, and investments in land Details the Asian development state model, historical and contemporary land regimes, public housing models, and the development industry for Singapore and several other cities Incorporates discussion of the modern real estate market, with reference to real estate investment trusts, sovereign wealth funds investing in real estate, and the fusion between sophisticated financial instruments and real estate
Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate. A global wall of money is looking for High-Quality Collateral (HQC) investments, and housing is one of the few asset classes considered HQC. This explains why housing is increasingly becoming financial...
This exciting collection of original essays provides students and professionals with an international and comparative examination of changes in global cities, revealing a growing pattern of social and spatial division or polarization.
This book offers a cross-national analysis of contemporary issues and challenges for the governing of urban regions. The case studies on Germany, Spain, France, Greece, The Netherlands, Finland, the UK, Switzerland, Australia, the US and Canada, place particular emphasis on the tensions building on metropolitan governing capacity and democratic legitimacy. The authors develop and use an analytical framework focused on the dynamics of place and make an original contribution to the debates on the nature of metropolitan governance.
This book provides new insight into the high-stakes struggle to control land in the Global South through the lens of land titling in Zambia and Senegal. Based on extensive fieldwork, it shows how chiefs and communities challenge the state, in an era of increasing scarcity and booming global land markets.
Recent years have seen a gathering interest in the importance of real estate development to the growth and development of cities. This has included theoretical work on such topics as land rent and property rights as well as empirical studies on property investments, assetization, securitization, and the effects of changing property values on economic growth and the global status of cities. In the field of urban political economy, attention has turned particularly to the financialization of land and the built environment and to the globalization of property ownership, real estate development, and architectural design. This edited volume brings together a collection of original investigations ...
In this book, Franklin Obeng-Odoom seeks to debunk the existing explanations of inequalities within Africa and between Africa and the rest of the world using insights from the emerging field of stratification economics. Using multiple sources - including archival and historical material and a wide range of survey data - he develops a distinctive approach that combines traditional institutional economics, such as social protection and reasonable value, property and the distribution of wealth with other insights into Africa's development. While looking at the Africa-wide situation, Obeng-Odoom also analyses the experiences of inequalities within specific countries; he primarily focuses on Ghana while also drawing on experiences in Botswana and Mauritius. Comprehensive and engaging, Property, Institutions, and Social Stratification in Africa is a useful resource for teaching and research on Africa and the Global South.
Essays reevaluating and challenging the critiques of the urban studies field
It is well known that the world is transitioning to an irrevocable urban future whose epicentre has moved into the cities of Asia and Africa. What is less clear is how this will be managed and deployed as a multi-polar world system is being born. The full implications of this challenge cry out to be understood because city building (and retrofitting) cannot but be an undertaking entangled in profound societal and cultural shifts. In this highly original account, renowned urban sociologists AbdouMaliq Simone and Edgar Pieterse offer a call for action based fundamentally on the detail of people's lives. Urban regions are replete with residents who are compelled to come up with innovative ways ...