The cost of housing in urban areas

Description

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.

Period	21 May 2015 → 25 May 2015
Event title	AAG Annual Meeting
Event type	Unknown
Degree of Recognition	International