Urban Warfare: Housing under the Empire of Finance

Urban Warfare: Housing under the Empire of Finance
ISBN-10
1788731603
ISBN-13
9781788731607
Series
Urban Warfare
Category
Political Science
Pages
384
Language
English
Published
2019-03-26
Publisher
Verso Books
Author
Raquel Rolnik

Description

How finance and politics have caused the global housing crisis The most comprehensive survey of the current crisis, Urban Warfare charts how the financial crisis and wider urban politics have left millions homeless and in financial desperation across the world. The financialization of housing has become a global catastrophe, leaving millions desperate and homeless. Since the 2008 financial collapse, models of home ownership, originating in the US and UK, are being exported around the world. Using examples from across the globe, Rolnik shows how our cities have been sold to construction companies and banks, while supported by government-facilitated schemes, such as “the right to buy” subsidies and micro-financing. Our homes and neighbourhoods have become the “last subprime frontiers of capitalism,” organised by those who benefit the most.

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