Ian M. Cook
Journal of South Asian Development, 2015, vol. 10, issue 3, 292-317
In Mangaluru, a smaller rapidly urbanizing coastal city in southwest India, there is a broker on every street. They are skilled, reputation conscious figures, who interpret class, jati , age and gender characteristics into housing and land markets through their mediations. Their work is above all â€˜link workâ€™: the forming, maintaining and breaking of links between parties. I argue that links are a form of property. With the cityâ€™s changes over the last decadesâ€”including partially redistributive land reforms, industrialization, the opening of an all-weather port, a squeeze on land, a real estate â€˜boomâ€™ and the arrival of large numbers of out of town college studentsâ€”the number of potential links has increased and diversified. The linksâ€™ sizeable and growing monetary value, the large numbers of brokers or potential brokers, and the temporal incongruities between buyers/tenants and sellers/landlords push brokers to continually search out new links and to move quickly in closing or dropping deals, thus driving the commodification of land and housing in the city.
Keywords: Brokers; intermediaries; property; urban; Mangalore (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:soudev:v:10:y:2015:i:3:p:292-317
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