Revisiting the Urbanization of Capital

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Constructing a New Asset Class: Property-led Financial Accumulation after the Crisis (2018, background): “The urban landscape therefore makes an attractive escape valve for the finance capital that has accumulated globally in recent decades and is on a perpetual hunt for yield (Christophers 2011; Fernandez and Aalbers 2016).”
Centring Housing in Political Economy (2014, background): “The deflation of the IT bubble and the inflation of the housing bubble are empirically and analytically related – it is a clear example of capital switching to the secondary circuit of capital (Ashton 2009; Gotham 2009; Christophers 2011).”
The global urban housing affordability crisis (2017, unknown): “…the rise of a speculative type of global finance – real estate capitalism (Aalbers and Engelen, 2015) that features a shift of land and housing from a role in the secondary circuit of capital (Harvey, 1982) to a centre stage position in today’s low-growth Western economies (Christophers, 2011).”