Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1111/1468-2427.12550 |
Urban Fortunes and Skeleton Cityscapes: Real Estate and Late Urbanization in Kigali and Addis Ababa | |
Goodfellow, Tom | |
2017-09-01 | |
发表期刊 | INTERNATIONAL JOURNAL OF URBAN AND REGIONAL RESEARCH
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ISSN | 0309-1317 |
EISSN | 1468-2427 |
出版年 | 2017 |
卷号 | 41期号:5 |
文章类型 | Article |
语种 | 英语 |
国家 | England |
英文摘要 | In many parts of Africa, societies that remain primarily rural are experiencing accelerated urban growth and highly visible booms in property development. In the absence of significant industrialization, investment is pouring directly into what Lefebvre and Harvey characterized as the secondary circuit' of capital. Debates about the drivers of investment in real estate are longstanding in relation to the global North, but have given little consideration to low-income and late-urbanizing countries in Africa. Yet such contexts offer important opportunities to reflect on existing theory. Focusing on Kigali and Addis Ababa (both transformed virtually beyond recognition over the past two decades), this article explores the drivers and consequences of investment in urban real estate in countries striving to structurally transform their economies. It argues that a range of formal and informal incentives and constraints have led to high-end real estate being viewed as the safest bet' for those with resources to invest, even where demand is limited and governments are promoting other kinds of investment. While some people are reaping urban fortunes in largely untaxed rents, much of the construction is purely speculative, creating landscapes of unused and underused high-end properties in contexts where investment is desperately needed elsewhere. |
英文关键词 | late urbanization secondary circuit of capital Lefebvre Ethiopia Rwanda Africa property development construction real estate investment Addis Ababa Kigali |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000413971100005 |
WOS关键词 | SECONDARY CIRCUIT ; LAND ; GEOGRAPHIES ; ETHIOPIA ; MARKET |
WOS类目 | Geography ; Regional & Urban Planning ; Urban Studies |
WOS研究方向 | Geography ; Public Administration ; Urban Studies |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/16339 |
专题 | 资源环境科学 |
作者单位 | Univ Sheffield, Dept Urban Studies & Planning, Western Bank, Sheffield S10 2TN, S Yorkshire, England |
推荐引用方式 GB/T 7714 | Goodfellow, Tom. Urban Fortunes and Skeleton Cityscapes: Real Estate and Late Urbanization in Kigali and Addis Ababa[J]. INTERNATIONAL JOURNAL OF URBAN AND REGIONAL RESEARCH,2017,41(5). |
APA | Goodfellow, Tom.(2017).Urban Fortunes and Skeleton Cityscapes: Real Estate and Late Urbanization in Kigali and Addis Ababa.INTERNATIONAL JOURNAL OF URBAN AND REGIONAL RESEARCH,41(5). |
MLA | Goodfellow, Tom."Urban Fortunes and Skeleton Cityscapes: Real Estate and Late Urbanization in Kigali and Addis Ababa".INTERNATIONAL JOURNAL OF URBAN AND REGIONAL RESEARCH 41.5(2017). |
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