Housing Governance in a Time of Financialization

Housing Governance in a Time of Financialization PDF Author: Roman Zwicky
Publisher: vdf Hochschulverlag AG
ISBN: 3728140449
Category : Technology & Engineering
Languages : en
Pages : 315

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Book Description
In recent years, the financialization of housing has become a major challenge to many cities across the globe, not the least because it tends to favor the interests of global finance over the needs of residents. Based on three case studies in the city regions of Zurich, Birmingham and Lyon, the present investigation analyzes the interplay of housing governance and policies over the past 20 years against the backdrop of the financialization of housing.

Housing Governance in a Time of Financialization

Housing Governance in a Time of Financialization PDF Author: Roman Zwicky
Publisher: vdf Hochschulverlag AG
ISBN: 3728140449
Category : Technology & Engineering
Languages : en
Pages : 315

Get Book Here

Book Description
In recent years, the financialization of housing has become a major challenge to many cities across the globe, not the least because it tends to favor the interests of global finance over the needs of residents. Based on three case studies in the city regions of Zurich, Birmingham and Lyon, the present investigation analyzes the interplay of housing governance and policies over the past 20 years against the backdrop of the financialization of housing.

Housing Governance in a Time of Financialization

Housing Governance in a Time of Financialization PDF Author: Roman Zwicky
Publisher:
ISBN: 9783728140432
Category :
Languages : en
Pages : 312

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Book Description
In recent years, the financialization of housing has become a major challenge to many cities across the globe, not the least because it tends to favor the interests of global finance over the needs of residents. Based on three case studies in the city regions of Zurich, Birmingham and Lyon, the present investigation analyzes the interplay of housing governance and policies over the past 20 years against the backdrop of the financialization of housing.

The Financialization of Housing

The Financialization of Housing PDF Author: Manuel B. Aalbers
Publisher: Routledge
ISBN: 1317361784
Category : Business & Economics
Languages : en
Pages : 184

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Book Description
Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate. A global wall of money is looking for High-Quality Collateral (HQC) investments, and housing is one of the few asset classes considered HQC. This explains why housing is increasingly becoming financialized, but it does not explain its timing, politics and geography. Presenting a diverse range of case studies from the US, the UK, the Netherlands, Germany, Italy and Spain, the chapters in this book include coverage of the role of the state as the driver of financialization processes, and the part played by local and national histories and institutions. This cutting edge volume will pave the way for future research in the area. Where housing used to be something "local" or "national", the two-way coupling of housing to finance has been one crucial element in the recent crisis. It is time to reconsider the financialization of both homeownership and social housing. This book will be of interest to those who study international economics, economic geography and financialization.

The New Oxford Handbook of Economic Geography

The New Oxford Handbook of Economic Geography PDF Author: Dariusz Wójcik
Publisher: Oxford University Press
ISBN: 0191072176
Category : Business & Economics
Languages : en
Pages : 1145

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Book Description
The first fifteen years of the 21st century have thrown into sharp relief the challenges of growth, equity, stability, and sustainability facing the world economy. In addition, they have exposed the inadequacies of mainstream economics in providing answers to these challenges. This volume gathers over 50 leading scholars from around the world to offer a forward-looking perspective of economic geography to understanding the various building blocks, relationships, and trajectories in the world economy. The perspective is at the same time grounded in theory and in the experiences of particular places. Reviewing state-of-the-art of economic geography, setting agendas, and with illustrations and empirical evidence from all over the world, the book should be an essential reference for students, researchers, as well as strategists and policy makers. Building on the success of the first edition, this volume offers a radically revised, updated, and broader approach to economic geography. With the backdrop of the global financial crisis, finance is investigated in chapters on financial stability, financial innovation, global financial networks, the global map of savings and investments, and financialization. Environmental challenges are addressed in chapters on resource economies, vulnerability of regions to climate change, carbon markets, and energy transitions. Distribution and consumption feature alongside more established topics on the firm, innovation, and work. The handbook also captures the theoretical and conceptual innovations of the last fifteen years, including evolutionary economic geography and the global production networks approach. Addressing the dangers of inequality, instability, and environmental crisis head-on, the volume concludes with strategies for growth and new ways of envisioning the spatiality of economy for the future.

Financialization Of Daily Life

Financialization Of Daily Life PDF Author: Randy Martin
Publisher: Temple University Press
ISBN: 1439905975
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
While trillions of dollars came and went in the stock market boom of the 1990s, the image of "every man and woman a CEO" may turn out to be the era's lasting legacy. Business news, once reserved to specialized papers or sections of the larger news of the day, came to the forefront in cable television and in cultural images of how ordinary people, through the internet and other avenues could not only master their financial life, but move money and equity around with the ease of a financial titan. Financialization of Daily Life looks at how this transformation occurred, and how it is just now becoming a significant, and troubling, aspect of our political and cultural life.Randy Martin takes us through all of the aspects of our "financialization." He examines how the shift in economic life arose not only from changes in culture, but also from new policy priorities that emphasize controlling inflation over promoting growth. He offers a close reading of self-help literature that teaches parents how to rear financially literate children and to instruct adults in the fundamentals of fiscal management. He examines just what a society that treats financial investment as a national past time really looks like, and how that society is transforming the world.In a country rocked by scandals in accounting and banking, the identification ordinary citizens make with, and the risk with which they engage in, the stock market calls into question the very basis of our economic system. Randy Martin spells out in clear terms the implications our financial doings—and undoing—have for the way we organize our lives, and, especially, our money.

Why Can't You Afford a Home?

Why Can't You Afford a Home? PDF Author: Josh Ryan-Collins
Publisher: John Wiley & Sons
ISBN: 1509523294
Category : Political Science
Languages : en
Pages : 140

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Book Description
Throughout the Western world, a whole generation is being priced out of the housing market. For millions of people, particularly millennials, the basic goal of acquiring decent, affordable accommodation is a distant dream. Leading economist Josh Ryan-Collins argues that to understand this crisis, we must examine a crucial paradox at the heart of modern capitalism. The interaction of private home ownership and a lightly regulated commercial banking system leads to a feedback cycle. Unlimited credit and money flows into an inherently finite supply of property, which causes rising house prices, declining home ownership, rising inequality and debt, stagnant growth and financial instability. Radical reforms are needed to break the cycle. This engaging and topical book will be essential reading for anyone who wants to understand why they can’t find an affordable home, and what we can do about it.

In Defense of Housing

In Defense of Housing PDF Author: Peter Marcuse
Publisher: Verso Books
ISBN: 1804294942
Category : Political Science
Languages : en
Pages : 257

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Book Description
In every major city in the world there is a housing crisis. How did this happen and what can we do about it? Everyone needs and deserves housing. But today our homes are being transformed into commodities, making the inequalities of the city ever more acute. Profit has become more important than social need. The poor are forced to pay more for worse housing. Communities are faced with the violence of displacement and gentrification. And the benefits of decent housing are only available for those who can afford it. In Defense of Housing is the definitive statement on this crisis from leading urban planner Peter Marcuse and sociologist David Madden. They look at the causes and consequences of the housing problem and detail the need for progressive alternatives. The housing crisis cannot be solved by minor policy shifts, they argue. Rather, the housing crisis has deep political and economic roots—and therefore requires a radical response.

Financialising City Statecraft and Infrastructure

Financialising City Statecraft and Infrastructure PDF Author: Andy Pike
Publisher: Edward Elgar Publishing
ISBN: 1788118952
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
Financialising City Statecraft and Infrastructure addresses the struggles of national and local states to fund, finance and govern urban infrastructure. It develops fresh thinking on financialisation and city statecraft to explain the socially and spatially uneven mixing of managerial, entrepreneurial and financialised city governance in austerity and limited decentralisation across England. As urban infrastructure fixes for the London global city-region risk undermining national ‘rebalancing’ efforts in the UK, city statecraft in the rest of the country is having uneasily to combine speculation, risk-taking and prospective venturing with co-ordination, planning and regulation.

A Guide to the Systems of Provision Approach

A Guide to the Systems of Provision Approach PDF Author: Kate Bayliss
Publisher: Springer Nature
ISBN: 3030541436
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Understanding consumption requires looking at the systems by which goods and services are provided – not just how they are produced but the historically evolved structures, power relations and cultures within which they are located. The Systems of Provision approach provides an interdisciplinary framework for unpacking these complex issues. This book provides a comprehensive account of the Systems of Provision approach, setting out core concepts and theoretical origins alongside numerous case studies. The book combines fresh understandings of everyday consumption using examples from food, housing, and water, with implications for society’s major challenges, including inequality, climate change, and prospects for capitalism. Readers do not require prior knowledge across the subject matter covered but the text remains significant for accomplished researchers and policymakers, especially those interested in the messy real world realities underpinning who gets what, how, and why across public and private provision in global, national, and historical contexts.

Financialization and Strategy

Financialization and Strategy PDF Author: Julie Froud
Publisher: Routledge
ISBN: 1134314558
Category : Business & Economics
Languages : en
Pages : 417

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Book Description
Considering the recent impact of the capital market on corporate strategy, this text analyzes, through argument and supportive case studies, how pressures from the capital bull market of the 1990s and bear market of the early 2000s, have reshaped management action and calculation in large, publicly quoted US and UK corporations. Beginning with the dissatisfaction with classical strategy and its limited engagement with the processes of financialization, the book moves on to cover three detailed company case studies (General Electric, Ford and GlaxoSmithKline) which use long run financial data and analysis of company and industry narratives to illustrate and explore key themes. The book emphasizes the importance of company and industry narrative, while also analyzing long term financial results, and helps to explain the limits of management action and the burden of expectations placed on corporate governance. Presenting financial and market information on trajectory in an accessible way, this book provides a distinctive, critical social science account of management in large UK and US corporations, and it is a valuable resource for students, scholars and researchers of business, management, political economy and non-mainstream economics. short listed for the 2007 IPEG Book Prize