Capital City: Gentrification and the Real Estate State

Global real estate is now a $217 trillion dollar industry, making up 60% of the world's assets, and the most powerful person in the world, the president of the United States, made his name as a landlord and real estate developer. Samuel Stein's book "The City in the Twenty-First Century" argues that city planners provide a window into the practical dynamics of urban change and possess the powers we must leverage to reclaim our cities from real estate capital.

\n Format: Paperback / softback
\n Length: 208 pages
\n Publication date: 05 March 2019
\n Publisher: Verso Books
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The world of global real estate has undergone a remarkable transformation, reaching a staggering valuation of $217 trillion, representing a staggering 36 times the value of all the gold ever mined. This remarkable industry now accounts for a significant 60 percent of the world's assets, and it is no surprise that the most powerful person in the world, the President of the United States, has made a name for himself as a landlord and real estate developer. In his insightful book, Samuel Stein delves deep into the intricacies of this industry, shedding light on the ways in which city planners play a crucial role in shaping the urban landscape.

Stein argues that city planners provide a unique perspective on the practical dynamics of urban change. They offer a window into the intricate relationships between the state and organized capital, as well as the power wielded by landlords and developers at various levels of government. By understanding these dynamics, planners can gain valuable insights into the mechanisms that drive urban development and the challenges that cities face in the face of real estate capital.

However, Stein also emphasizes that city planners possess the potential to be agents of change, leveraging their knowledge and expertise to reclaim cities from the grip of real estate capital. By advocating for policies that prioritize public interests over private profits, promoting affordable housing, and fostering sustainable urban development, planners can work towards creating cities that are more equitable, livable, and resilient.

In conclusion, the world of global real estate is a complex and rapidly evolving landscape, driven by the powerful forces of capital and urban development. Samuel Stein's book provides a valuable insight into the role of city planners in shaping this landscape, and it highlights the potential for planners to be agents of change in the fight against the dominance of real estate capital. By advocating for policies that prioritize the public good, promoting sustainable development, and working towards creating more equitable cities, planners can help to create a better future for all.

\n Weight: 198g\n
Dimension: 132 x 197 x 17 (mm)\n
ISBN-13: 9781786636393\n \n