Financialisation of Built Environments: A Literature Review

Forskningsoutput: Working paper


This paper provides a review of research into financialisation of built environments, especially in relation to urban politics, social geographies and sustainability. Focus is limited here to the theoretical and conceptual substance of selected literature. Financialisation is conceptualised as a profoundly spatial process, forging social relations that form conditions for urban governance, social geographic change and urban sustainability. The paper frames financialisation of built environments as a process enmeshed with related processes of commodification, privatisation, neoliberalisation, and accumulation by dispossession, associated with the creation and appropriation of rent gaps. Land rent and rent gaps are highlighted as central to understanding financialisation of built environments. We then review research into relations between financialisation of built environments and urban governance, i.e. how financialisation impacts upon, while being facilitated or deterred by, urban politics. This sets the stage for reviewing research into relations between financialisation of built environments and observed patterns of change in the social geographies of cities, and research into the sustainability implications of financialisation of built environments. Conclusions reconsider the nature of the relationship between financialisation and urbanisation, and the challenges of bringing financial systems into the service of achieving social and natural sustainability.


Enheter & grupper

Ämnesklassifikation (UKÄ) – OBLIGATORISK

  • Kulturgeografi


Antal sidor56
StatusPublished - 2015 sep 1


NamnFESSUD Working Paper Series
ISSN (elektroniskt)2052-8035

Relaterad forskningsoutput

Anders Lund Hansen, 2017 nov 16, Jyllandsposten, 2017, 11.

Forskningsoutput: Bidrag till övrig tidskrift/dags- eller nyhetstidningDagstidnings-/nyhetsartikel

Ilia Farahani & Eric Clark, 2016 nov, FESSUD, 46 s. (FESSUD Working Paper Series; nr. 168).

Forskningsoutput: Working paper

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Lund Hansen, A. (Talare)
2012 maj 22

Aktivitet: Föredrag eller presentationInbjuden talare

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