Institutionalization of 'The Property Mind'.

This essay discusses the idea of 'the culture of property' and whether it combines the economic and cultural explanations of gentrification. To explore the idea of a culture of property in the case of Singapore, it examines both what motivates Singaporeans to invest in real estate (e.g. nostalgic fe...

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Publicado en:International Journal of Urban & Regional Research Vol. 41; no. 3; pp. 500 - 508
Autor principal: Haila, Anne
Formato: Artículo
Publicado: Wiley-Blackwell May2017
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: May2017
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        10.1111/1468-2427.12495
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        atl: Institutionalization of 'The Property Mind'.
      aug:
        au: Haila, Anne
        affil: Department of Social Research, Faculty of Social Sciences, Box 54, Unioninkatu 37, 00014 University of Helsinki Finland
      su:
        Culture
        Gentrification
        History
        History of urbanization
        Real property
        Neighborhoods -- History
      sug:
        subj:
          Culture
          Gentrification
          History
          Lessors of Other Real Estate Property
          Offices of Real Estate Agents and Brokers
          History of urbanization
          Real property
          Neighborhoods -- History
      keyword:
        culture of property
        gentrification
        Hong Kong
        land institutions
        property investment
        rent gap
        Singapore
        culture of property
        gentrification
        Hong Kong
        land institutions
        property investment
        rent gap
        Singapore
      ab: This essay discusses the idea of 'the culture of property' and whether it combines the economic and cultural explanations of gentrification. To explore the idea of a culture of property in the case of Singapore, it examines both what motivates Singaporeans to invest in real estate (e.g. nostalgic feelings, duty, guilt, moral economy, face, filial piety towards ancestors and a way to remember their origins as reasons for investing in properties in China), and the institutions in the property state of Singapore (e.g. the possibility of owning and selling public housing, collective sales legislation that encourages collective profitmaking and the pension system) that increase Singaporeans' appetite for property and make them watchers of the property market. Lastly, the essay discusses the consciousness of evictions and of class differences and notes the random and unfair nature of the property market. It ends with a call for further research on real estate and property development, and their role in increasing urban inequality.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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