Session co-organised with the Regional Studies Association (RegionalStudies.org) Research Network on Financial Geography (FinGeo.net)
Real estate and finance were at the roots of the global economic crisis that started in 2007. States and their many institutions, including central banks and financial regulators, have also been seen as complicit to the crisis. Cities have recently entered a period of severe economic turbulence, with high levels of financial uncertainty as resources of governments as well as citizens and businesses have diminished. Future funding for urban development is likely to be increasingly limited due to the reform and re-regulation of financial markets and changing underlying financial-economic conditions of urban property markets. This session emphasizes the relation between real estate, urban development and financial markets. In order to understand urban development and redevelopment processes, it is crucial to understand not only the interaction of supply and demand but also the role of state regulation as well as financial forces at work in increasingly international capital markets.
|Presenter||Jonas König*, HafenCity University Hamburg, Designing a Fictitious Commodity: Valuation Practices in Architecture and Urban Planning||20||2:40 PM|
|Presenter||Nicolas Raimbault*, Luxembourg Institute of Socio-Economic Research, The financialization of the logistics real estate industry and the privatization of (outer-sub)urban production||20||3:00 PM|
|Presenter||Thiago Canettieri*, UFMG, Julia Franzoni, UFMG, Debt, territory and the new urban development funding through financial market: The “PBH Ativos S/A” case in Belo Horizonte, Brazil||20||3:20 PM|
|Presenter||Matthieu Gimat*, Université Paris 1 Panthéon Sorbonne, Increasing social housing production in France through financial tools and rationalities||20||3:40 PM|
|Presenter||Martin J Murray*, Taubman College of Architecture and Urban Planning, University of Michigan, The Fickle Imperatives of Real Estate Capitalism||20||4:00 PM|
To access contact information login