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||Venere Stefania Sanna*, Sapienza University of Rome, Filippo Celata, Sapienza University of Rome, Cary Yungmee Hendrickson, Sapienza University of Rome, Antonello Romano, Sapienza University of Rome, Peer-to-peer accommodation platforms, the short-term rentals explosion and real estate values||20||10:00 AM|
|Presenter||Julien Migozzi*, Ecole Normale Supérieure de Paris, Rentals are back in town: Financialization of housing and the rise of corporate landlordism in South Africa||20||10:20 AM|
|Presenter||Renee Tapp*, Clark University, Introducing the YIMBYs: renters, housing, and supply-side politics in LA||20||10:40 AM|
|Presenter||Leonard Gibbs*, University of Manchester, Windhappers, skyscrapers and students: private rental dynamics in Liverpool||20||11:00 AM|
|Presenter||Aretousa Bloom*, Rutgers University, The Shifting Role of the State in the Land Development Process: The Case of Local Authority Housing Companies in London||20||11:20 AM|
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