Description

The Speculative City explores property speculation as a key aspect of financialization and its role in reshaping the contemporary built environment. The book offers a series of case studies that encompass a range of cities whose urban fabrics have undergone significant transformation in recent years. While the forms of these developments share many similarities, their trajectories and social outcomes were contingent upon existing planning and policy frameworks in addition to the historical roles assumed by the state and the private sector in housing and welfare provision. By paying close attention to the forces and actors involved in property development, this book underscores that the built environment has played an integral part in shaping new values and collective aspirations, while also facilitating the spread of financial logics in urban governance. The essays in this collection show that these dynamics represent a larger shift of politics and culture in the ongoing production of urban space and prompt reflections on future trajectories of finance-led property speculation.

The Speculative City: Emergent Forms and Norms of the Built Environment

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Paperback / softback by Cecilia L. Chu , Shenjing He

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The Speculative City explores property speculation as a key aspect of financialization and its role in reshaping the contemporary built... Read more

    Publisher: University of Toronto Press
    Publication Date: 22/02/2022
    ISBN13: 9781487524883, 978-1487524883
    ISBN10: 1487524889

    Number of Pages: 282

    Non Fiction , Business, Finance & Law

    Description

    The Speculative City explores property speculation as a key aspect of financialization and its role in reshaping the contemporary built environment. The book offers a series of case studies that encompass a range of cities whose urban fabrics have undergone significant transformation in recent years. While the forms of these developments share many similarities, their trajectories and social outcomes were contingent upon existing planning and policy frameworks in addition to the historical roles assumed by the state and the private sector in housing and welfare provision. By paying close attention to the forces and actors involved in property development, this book underscores that the built environment has played an integral part in shaping new values and collective aspirations, while also facilitating the spread of financial logics in urban governance. The essays in this collection show that these dynamics represent a larger shift of politics and culture in the ongoing production of urban space and prompt reflections on future trajectories of finance-led property speculation.

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