Towards the financialization of urbanity

Vers la financiaristion de l'urbanité

Natacha Aveline-Dubach () and Olivier Crevoisier
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Natacha Aveline-Dubach: GC (UMR_8504) - Géographie-cités - UP1 - Université Paris 1 Panthéon-Sorbonne - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - UPCité - Université Paris Cité
Olivier Crevoisier: UNINE - Université de Neuchâtel = University of Neuchatel

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Abstract: This concluding chapter highlights the growing centrality of real estate in contemporary capitalism. Once a sector driven by other economic activities, real estate has now become the driving force of economic growth. Thus, the general rise in real estate prices can be interpreted as a gamble on the growth likely to be generated by the production or restructuring of cities, through the opportunities and variety of experiences they offer their occupants.

Date: 2023
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Published in Natacha Aveline-Dubach. Globalization and Dynamics of Urban Production, 978-1-78945-138-2, ISTE; Wiley, pp.215-242, 2023, Encyclopedia of Sciences, Geography and Demography

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-04348764

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