The cost of housing in urban areas.

Beschreibung

This paper develops a framework to explain the uneven development of housing prices in cities. Since the main price component of housing is capitalized rent, the financial base of this rent is analysed. Therefore three categories of accumulation strategies are defined: places of production, places of consumption and places of business services. The restructuring of urban economies after the crisis of Fordism is interpreted as a shift from places of production to places of consumption or business services. Subsequently, the disciplining function of places of production on housing prices eroded, resulting in uneven price developments.

Zeitraum	19 März 2015 → 20 März 2015
Ereignistitel	International Conference on "Financialisation of Financial and Real Estate Markets"
Veranstaltungstyp	Keine Angaben
Bekanntheitsgrad	International