International Encyclopedia of Geography 2020
DOI: 10.1002/9781118786352.wbieg2018
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Urban Financialization

Abstract: Urban financialization refers to a range of financialization processes in and of the city, including the financialization of housing and other forms of real estate, the financialization of urban governance and local governments, and the financialization of large urban projects, including megaprojects. The absorption of capital by real estate is one of the defining characteristics of the current financialized, real estate‐driven mode of accumulation. The debt‐led accumulation regime, which underpins the financi… Show more

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