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This volume brings together a collection of original investigations of the current thinking on three broad themes: the assetization of land and buildings, the relationship of land rent to valuation and speculation in the markets for private and public properties, and the different ways in which land functions as a social relation.
List of contents
Introduction: The Political Economy of Land
Part I: The Assetization of Land and Buildings1. Land as a Financial Asset: The Theory of Urban Rent as a Mirror of Economic Transformation
2. Land as an Asset
3. Buildings as Financial Assets
Part II: Rent, Real Estate, and Property Markets4. The Risk Myth: Blackstone, Housing and Rentier Capitalism
5. The Political Economy of Abandoned Property: Structure and Agency in Land Banking Practice in Muncie, Indiana
6. The Political Economy of Italian Public Real Estate Privatization: Austerity, Financialization and the "Enrichment Economy"
7. The Singapore and Hong Kong Property Markets: Lessons for the West from Successful Global Cities
Part III: Land and Social Relations8. Land Relations in Turmoil: Trans-Local Constructions of Home Among Rural Migrants to Xiamen, China
9. Bridging Between Owners and Users in Japan's Private Property Regime: The Case of Farmland Banking
10. Unauthorized Neighborhoods, Land Rent, and Working-Class Struggles in Indian Cities: The Slum Question Revisited
11. Public Land as a Social Relation: The Case of East River Park in New York City
12. Land Rent and the Struggle for the Urban Commons in Helsinki's Suvilahti DIY Skatepark
Conclusion: A Summary from the Perspective of Rent Theory
About the author
Mika Hyötyläinen is a Postdoctoral Researcher at the Institute for Housing and Urban Research, Uppsala University. His research concerns urban inequality, housing precarity, Nordic land and housing policies, and transformations in public real estate policy. He received his doctorate in 2019 from the University of Helsinki. He has published in journals such as
Acme,
Critical Social Policy,
Geoforum, and the
International Journal of Urban and Regional Research.
Robert Beauregard is a Professor Emeritus at Columbia University where he taught in the Graduate School of Architecture, Planning, and Preservation. His most recent, authored books are
Cities in the Urban Age: A Dissent (Chicago, 2018),
Planning Matter: Acting with Things (Chicago, 2015), and
Advanced Introduction to Planning Theory (Edward Elgar, 2020). He also co-edited
Regulation and Planning (Routledge, 2021) and
Planning for a Material World (Routledge, 2016).
Summary
This volume brings together a collection of original investigations of the current thinking on three broad themes: the assetization of land and buildings, the relationship of land rent to valuation and speculation in the markets for private and public properties, and the different ways in which land functions as a social relation.
