The cost of housing in urban areas

  • Koen Smet (Speaker)

Activity: Talk or presentationScience to science

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.
Period21 May 201525 May 2015
Event titleAAG Annual Meeting
Event typeUnkonwn
Degree of RecognitionInternational

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 509003 Development cooperation
  • 502027 Political economy
  • 507026 Economic geography
  • 502047 Economic theory
  • 502003 Foreign trade
  • 507