《The risky business of real estate developers: network building and risk mitigation in London and Johannesburg》

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作者
Frances N. Brill;Enora Robin
来源
URBAN GEOGRAPHY,Vol.41,Issue1,P.36-54
语言
英文
关键字
Real estate developers,urban governance,risk,urban policy
作者单位
Department of Geography, University College London, London, UK
摘要
Recent work on financialization in urban political economy and economic geography has highlighted real estate developers as a point of analysis for understanding urban governance and ongoing urban restructuring. This paper contributes to this literature by showing how an analytical entry point focused on risk mitigation can help better understand the position of developers in urban governance. In doing so, we call for more geographically sensitive understanding of real estate risk and its influence on developers’ strategies in specific places. Building on two examples from Johannesburg and London, this paper highlights the different roles developers assume as knowledge coalition builders, political actors and community builders to counter threats to the implementation of their projects.KEYWORDS: Real estate developersurban governanceriskurban policyAcknowledgmentsThe authors would like to thank the anonymous reviewers for their feedback on this paper. We would also like to thank all those who contributed to earlier version of this paper at the 2018 AAG and the London seminar series at the Bartlett School of Planning in October 2018. Frances would also like to thank Professor Jennifer Robinson for all her assistance developing these ideas over the last four years and for her words of encouragement. Special thanks also go to Michael Edwards for his continuing generosity in sharing insights and reflexions on the history of King’s Cross Central. Finally, we would like to thank Joe Penny for introducing us to a wider vocabulary and reminding us of the important questions.Disclosure statementNo potential conflict of interest was reported by the authors.Additional informationFundingThe King’s Cross research was funded through a research grant from the UK Engineering and Physical Sciences Research Council EP/M507970/1