Courting the ‘rich and restless’: globalisation of real estate and the new spatial fixities of the super-rich in Singapore
| Autor: | Choon-Piew Pow |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Dialectic
Property (philosophy) media_common.quotation_subject 05 social sciences Geography Planning and Development Residential property 0211 other engineering and technologies 0507 social and economic geography 021107 urban & regional planning Real estate 02 engineering and technology Management Monitoring Policy and Law National capital Globalization Market economy State (polity) Scale (social sciences) Economics Economic geography 050703 geography media_common |
| Zdroj: | International Journal of Housing Policy. 17:56-74 |
| ISSN: | 1949-1255 1949-1247 |
| DOI: | 10.1080/14616718.2016.1215964 |
| Popis: | How have the globalisation of real estate and the rise of a transnational class of super-rich homebuyers challenged conventional analyses of local residential property markets? What analytical tools and concepts can we deploy to understand the dialectical tensions between the local and global; fixity and motion as well as the deterritorialisation and reterritorialisation of real estate by the super-rich? Drawing on Singapore as a case study, this paper interrogates the new ‘spatial fixities’ of the super-rich housing market at two inter-related scales of analysis. At the national scale, this spatial fixity could be interpreted in terms of the attempts by the Singapore ‘property state’ to attract high net-worth individuals to reside and invest in the country as a ‘quick fix’ way to boost national capital. At the global scale, this new spatial fixity of highly mobile super-rich can be seen in their territorialisation strategies to constantly seek out new safe havens to physically ‘park’ and grow their wealt... |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|