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

Chu, Cecilia L. (EDT)/ He, Shenjing (EDT)

University of Toronto Press（2022/02発売）

• 製本 Paperback:紙装版/ペーパーバック版／ページ数 277 p.
• 言語 ENG
• 商品コード 9781487524883
• DDC分類 333.7315

Full 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.

Contents

List of Figures

Introduction: Financialization, Speculation, and the Production of the Urban Built Environment
Cecilia L. Chu and Shenjing He

Section I. Mega Projects and Speculative Urban Development

1 Property Speculation: Causes and Consequences
Susan Fainstein and Johannes Novy
2 The Financialization of Urban Redevelopment: Speculation and Public Land in Porto Maravilha, Rio de Janeiro
Mayra Mosciaro, Alvaro Pereira, and Manuel B. Aalbers
3 From Spectacular to Speculative Gulf Cities: A Tale of Dubai and Doha
Ali A. Alraouf

Section II. Reconfiguring the State: The Politics and Pragmatics of Speculation

4 Mega-Event Urbanism and the Politics of Speculative Urban Development in Shanghai 
Yunpeng Zhang and Shenjing He
5 Urbanization as Mass Speculative Event: Informal Finance and City-Making in Ordos, Inner Mongolia
Max D. Woodworth
6 El Quiñón: Corruption and Speculative Development in the Spanish Financial Crisis
Marta Catalán Eraso and Cecilia L. Chu

Section III. Forms and Norms of Speculative Housing

7 Speculation in the London Housing Market: Flat Break-Ups, Loft Conversions, and Overseas Buyers
Chris Hamnett
8 Speculative Subdivision of Private Rental Flats in Hong Kong
Mandy Lau
9 Contradictions of State and Household Investments in Public Housing in Singapore
Chua Beng Huat

Afterword
Alan Smart

List of Contributors
Index