Capital City: Gentrification and the Real Estate State

Capital City: Gentrification and the Real Estate State (Jacobin)

â€œThis superbly succinct and incisive book couldnâ€™t be more timely or urgent.â€
â€”Michael Sorkin, author ofÂ All Over the Map

Our cities are changing. Around the world, more and more money is being invested in buildings and land. Real estate is now a $217 trillion dollar industry, worth thirty-six times the value of all the gold ever mined. It forms sixty percent of global assets, and one of the most powerful people in the worldâ€”the president of the United Statesâ€”made his name as a landlord and developer.

Samuel Stein shows that this explosive transformation of urban life and politics has been driven not only by the tastes of wealthy newcomers, but by the state-driven process of urban planning. Planning agencies provide a unique window into the ways the state uses and is used by capital, and the means by which urban renovations are translated into rising real estate values and rising rents.

Capital CityÂ explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.
Country USA
Manufacturer Verso
Binding Kindle Edition
ReleaseDate 2019-03-05
Format Kindle eBook

Capital City: Gentrification and the Real Estate State (Jacobin)