Urban Studies and Planning Commons^™

From Property Abandonment To Predatory Equity: Writings On Financialization And Urban Space In New York City, Desiree Justina Fields

Dissertations, Theses, and Capstone Projects

Financial markets, actors and imperatives are increasingly central to today's global capitalism, even in areas of the economy traditionally distinct from finance, such as real estate. This financialization changes the role of mortgage capital in urban space from building place-bound wealth to facilitating the extraction of value from place. This dissertation addresses questions about how financialization operates in the rental market, specifically its relation to: earlier processes of urban disinvestment, ongoing social and political struggles around urban space, the meaning of home and social reproduction. These questions correspond to broader theoretical debates about the contingent relationship between today's urban context …