Crafting the narrative: wealth migration, growth machines and the politics of housing affordability in Vancouver, Canada.

In many gateway cities – cities tightly locked into global flows of capital and people – immigration has become the largest component of population growth, and thus a major determinant of housing markets. In Vancouver, the arrival of wealthy migrants, many holding golden visas, plus significant offs...

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Publicado en:Journal of Ethnic & Migration Studies Vol. 51; no. 9; pp. 2270 - 2296
Autores principales: Gordon, Joshua C., Ley, David, Yan, Andy
Formato: Artículo
Publicado: Taylor & Francis Ltd May2025
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: Crafting the narrative: wealth migration, growth machines and the politics of housing affordability in Vancouver, Canada.
      aug:
        au:
          Gordon, Joshua C.
          Ley, David
          Yan, Andy
        affil:
          Digital Society Lab, McMaster University, Hamilton, Canada
          Department of Geography, University of British Columbia, Vancouver, Canada
          Urban Studies, Simon Fraser University, Burnaby, Canada
      su:
        Affordable housing
        Cities & towns
        Capital movements
        Foreign investments
        Foreign assets
      sug:
        subj:
          Affordable housing
          Cities & towns
          Capital movements
          Foreign investments
          Foreign assets
      keyword:
        Foreign property investment
        gateway cities
        growth machines
        housing affordability
        Wealth migration
      ab: In many gateway cities – cities tightly locked into global flows of capital and people – immigration has become the largest component of population growth, and thus a major determinant of housing markets. In Vancouver, the arrival of wealthy migrants, many holding golden visas, plus significant offshore property investment, has contributed to rapid house price inflation. In a recent paper, Lauster and von Bergmann (2023) characterise local resistance to these trends as 'housing nationalism', which they consider reactionary and a cultural 'moral panic'. In contrast, we demonstrate the scale of offshore investment, the economic basis of resistance and policy change, and the broad, multiethnic support behind efforts to limit foreign property ownership. In doing so, we show that the invocation of 'housing nationalism' is consistent with growth machine ideology that seeks to undercut opposition.
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    language: English
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      custom: Copyright of Journal of Ethnic & Migration Studies is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use.
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