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OverviewBy attending to the divergent forces and actors involved in property development in different geopolitical contexts, The Speculative City illustrates both the novelty and historical continuity of urbanisation in the twentieth-first century. The Speculative City explores property speculation as a key aspect of financialisation 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 shared many similarities, their trajectories and social outcomes were contingent upon existing planning and policy frameworks and 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 the shaping of new values and collective aspirations while facilitating the spread of financial logics in urban governance. It also shows that these dynamics represent a larger shift of politics and culture in the ongoing production of urban space and prompts reflections on future trajectories of finance-led property speculation. Full Product DetailsAuthor: Cecilia L. Chu , Shenjing HePublisher: University of Toronto Press Imprint: University of Toronto Press Dimensions: Width: 15.50cm , Height: 2.30cm , Length: 23.10cm Weight: 0.460kg ISBN: 9781487507190ISBN 10: 1487507194 Pages: 282 Publication Date: 07 April 2022 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of ContentsList 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 IndexReviews"""Two kinds of speculation shape cities: Architects and planners conjecture about the future and imagine spatial forms to accommodate it. Investors conjecture about financial returns from projects delivering imagined forms. Governments and markets speculate in both ways and jointly determine the outcome. The chapters in this collection tell compelling stories about this risky dance."" --Christopher J. Webster, Dean of the Faculty of Architecture, The University of Hong Kong "" The Speculative City stands out for its geographical scope across six world regions and its focus on the physical environment, which has often been marginalized in urban studies. This collection is a must-read for students looking for inspiring paths that lead to meaningful places."" --You-tien Hsing, Professor of Geography and Chair of Global Studies, University of California, Berkeley ""Andrew Carnegie said that speculation was a parasite 'feeding upon values, creating none.' That may still be true, but as the contributors to this first-rate collection show, the values upon which contemporary urban speculation feeds are as much cultural as they are economic, and they are incredibly diverse rather than singular. Combining interdisciplinary perspectives and a wide array of cases from around the world, The Speculative City presents fresh and original takes on this age-old phenomenon, from urban megaprojects to the subdivision of apartments, and much in between."" --Jamie Peck, Canada Research Chair in Urban and Regional Political Economy, University of British Columbia" The Speculative City stands out for its geographical scope across six world regions and its focus on the physical environment, which has often been marginalized in urban studies. This collection is a must-read for students looking for inspiring paths that lead to meaningful places. - You-tien Hsing, Professor of Geography and Chair of Global Studies, University of California, Berkeley Andrew Carnegie said that speculation was a parasite 'feeding upon values, creating none.' That may still be true, but as the contributors to this first-rate collection show, the values upon which contemporary urban speculation feeds are as much cultural as they are economic, and they are incredibly diverse rather than singular. Combining interdisciplinary perspectives and a wide array of cases from around the world, The Speculative City presents fresh and original takes on this age-old phenomenon, from urban megaprojects to the subdivision of apartments, and much in between. - Jamie Peck, Canada Research Chair in Urban and Regional Political Economy, University of British Columbia Two kinds of speculation shape cities: Architects and planners conjecture about the future and imagine spatial forms to accommodate it. Investors conjecture about financial returns from projects delivering imagined forms. Governments and markets speculate in both ways and jointly determine the outcome. The chapters in this collection tell compelling stories about this risky dance. - Christopher J. Webster, Dean of the Faculty of Architecture, The University of Hong Kong Author InformationCecilia L. Chu is an associate professor in the Division of Landscape Architecture at the University of Hong Kong. Shenjing He is professor and associate dean in the Faculty of Architecture at The University of Hong Kong. Tab Content 6Author Website:Countries AvailableAll regions |
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