Capital City : Gentrification and the Real Estate State
by
Samuel Stein
Book Details
Format
Paperback / softback
Book Series
Jacobin
ISBN-10
1786636395
ISBN-13
9781786636393
Publisher
Verso Books
Imprint
Verso Books
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Mar 5th, 2019
Print length
208 Pages
Weight
202 grams
Dimensions
13.20 x 19.70 x 1.70 cms
KSh 1,800.00
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A forensic look at the changing landscape of American cities
“This superbly succinct and incisive book” on urban planning and real estate argues gentrification isn’t driven by latte-sipping hipsters—but is engineered by the capitalist state (Michael Sorkin, author of 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 world—the former president of the United States—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 City explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.
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 world—the former president of the United States—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 City explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.
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