Real Estate And Global Urban History

Capitalist private property in land and buildings - real estate - is the ground of modern cities, materially, politically, and economically. It is foundational to their development and core to much theoretical work on the urban environment. It is also a central, pressing matter of political contestation in contemporary cities. Yet it remains largely without a history. This Element examines the modern city as a propertied space, defining real estate as a technology of (dis)possession and using it to move across scales of analysis, from the local spatiality of particular built spaces to the networks of legal, political, and economic imperatives that constitute property and operate at national and international levels. This combination of territorial embeddedness with more wide-ranging institutional relationships charts a route to an urban history that allows the city to speak as a global agent and artefact without dispensing with the role of states and local circumstance.

“This superbly succinct and incisive book couldn’t be more timely or urgent.” —Michael Sorkin, author of All Over the Map Our cities are changing. Around the world, more and more money is being invested in buildings and land. Real estate is now a $217 trillion dollar industry, worth thirty-six times the value of all the gold ever mined. It forms sixty percent of global assets, and one of the most powerful people in the world—the president of the United States—made his name as a landlord and developer. Samuel Stein shows that this explosive transformation of urban life and politics has been driven not only by the tastes of wealthy newcomers, but by the state-driven process of urban planning. Planning agencies provide a unique window into the ways the state uses and is used by capital, and the means by which urban renovations are translated into rising real estate values and rising rents. Capital City explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.

When we think of segregation, what often comes to mind is apartheid South Africa, or the American South in the age of Jim Crow—two societies fundamentally premised on the concept of the separation of the races. But as Carl H. Nightingale shows us in this magisterial history, segregation is everywhere, deforming cities and societies worldwide. Starting with segregation’s ancient roots, and what the archaeological evidence reveals about humanity’s long-standing use of urban divisions to reinforce political and economic inequality, Nightingale then moves to the world of European colonialism. It was there, he shows, segregation based on color—and eventually on race—took hold; the British East India Company, for example, split Calcutta into “White Town” and “Black Town.” As we follow Nightingale’s story around the globe, we see that division replicated from Hong Kong to Nairobi, Baltimore to San Francisco, and more. The turn of the twentieth century saw the most aggressive segregation movements yet, as white communities almost everywhere set to rearranging whole cities along racial lines. Nightingale focuses closely on two striking examples: Johannesburg, with its state-sponsored separation, and Chicago, in which the goal of segregation was advanced by the more subtle methods of real estate markets and housing policy. For the first time ever, the majority of humans live in cities, and nearly all those cities bear the scars of segregation. This unprecedented, ambitious history lays bare our troubled past, and sets us on the path to imagining the better, more equal cities of the future.

BC Bestseller!Even before it was a city, Vancouver was a property speculator's wet dream."There are more speculators about New Westminster and Victoria than there were in Winnipeg during the boom," CPR Chief WC Van Horne warned a friend in 1884, "and they are a much sharper lot. Nearly every person is more or less interested and you will have to be on your guard against all of them."Ever since Europeans first laid claim to the Squamish Nation territory in the 1870s, the real estate industry has held the region in its grip. Its influence has been grotesquely pervasive at every level of civic life, determining landmarks like Stanley Park and City Hall, as well as street names, neighbourhoods, even the name "Vancouver" itself. Land of Destiny aims to explore that influence, starting in 1862, with the first sale of land in the West End, and continuing up until the housing crisis of today. It will explore the backroom dealings, the skulduggery and nepotism, the racism and the obscene profits, while at the same time revealing that the same forces which made Vancouver what it is, speculation and global capital, are the same ones that shape it today, showing that more than anything else, the history of real estate and the history of Vancouver are one and the same.And it's been dirty as hell.About the Series: Land of Destiny is the first title in Anvil's new series "49.2: Tales from the Off Beat," an ongoing series dedicated to celebrating the eccentric and unusual parts of city history. From Jesse Donaldson, author of the Bill Duthie Booksellers' Choice Award finalist book This Day In Vancouver, and a host of other local historians, the series will be an in-depth examination of the weird, the wonderful, and the terrible, injecting fresh details into well-worn local lore, or digging deep into the obscure people, places, and happenings of the last 130 years. From psychedelic hospitals to town fools, from communist organizers to real estate scumbags, 49.2 will take pains to break down the myths surrounding the City of Glass.

Cities have been some of the most visible manifestations of the evolution of globalization and population expansion, and global cities are at the cutting edge of such changes. Critical Dialogues of Urban Governance, Development and Activism examines changes in governance, property development, urban politics, and community activism in two key global cities: London and Toronto. By taking these two cities as empirical cases, the book engages in constructive dialogues about the forms, governmental mechanisms and practices, and policy and community-based responses to the concerns facing modern urban centers. Through three central issues, governance, real estate and housing, and community activism and engagement, the authors seek to understand London and Toronto from a nuanced perspective, promoting critical reflection on the experiences and evaluative critiques of each urban context, providing insight into each city's trajectory and engaging critically with wider phenomena and influences on the urban governance challenges in cities beyond.

Historians have devoted surprisingly little attention to African American urban history ofthe postwar period, especially compared with earlier decades. Correcting this imbalance, African American Urban History since World War II features an exciting mix of seasoned scholars and fresh new voices whose combined efforts provide the first comprehensive assessment of this important subject. The first of this volume’s five groundbreaking sections focuses on black migration and Latino immigration, examining tensions and alliances that emerged between African Americans and other groups. Exploring the challenges of residential segregation and deindustrialization, later sections tackle such topics as the real estate industry’s discriminatory practices, the movement of middle-class blacks to the suburbs, and the influence of black urban activists on national employment and social welfare policies. Another group of contributors examines these themes through the lens of gender, chronicling deindustrialization’s disproportionate impact on women and women’s leading roles in movements for social change. Concluding with a set of essays on black culture and consumption, this volume fully realizes its goal of linking local transformations with the national and global processes that affect urban class and race relations.

Our cities are changing. Global real estate is now a $217 trillion dollar industry, 36 times the value of all the gold ever mined. It makes up 60 percent 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. As Samuel Stein makes clear in this tightly argued book, its through seemingly innocuous profession of city planners that we can best understand the transformations underway. Planners provide a window into the practical dynamics of urban change: the way the state uses and is used by organized capital, and the power of landlords and developers at every level of government. But crucially, planners also possess some of the powers we must leverage if we ever wish to reclaim our cities from real estate capital.

An argument that operational urban planning can be improved by the application of the tools of urban economics to the design of regulations and infrastructure. Urban planning is a craft learned through practice. Planners make rapid decisions that have an immediate impact on the ground—the width of streets, the minimum size of land parcels, the heights of buildings. The language they use to describe their objectives is qualitative—“sustainable,” “livable,” “resilient”—often with no link to measurable outcomes. Urban economics, on the other hand, is a quantitative science, based on theories, models, and empirical evidence largely developed in academic settings. In this book, the eminent urban planner Alain Bertaud argues that applying the theories of urban economics to the practice of urban planning would greatly improve both the productivity of cities and the welfare of urban citizens. Bertaud explains that markets provide the indispensable mechanism for cities' development. He cites the experience of cities without markets for land or labor in pre-reform China and Russia; this “urban planners' dream” created inefficiencies and waste. Drawing on five decades of urban planning experience in forty cities around the world, Bertaud links cities' productivity to the size of their labor markets; argues that the design of infrastructure and markets can complement each other; examines the spatial distribution of land prices and densities; stresses the importance of mobility and affordability; and critiques the land use regulations in a number of cities that aim at redesigning existing cities instead of just trying to alleviate clear negative externalities. Bertaud concludes by describing the new role that joint teams of urban planners and economists could play to improve the way cities are managed.