Rating: 5 out of 5 stars
5/5
Audiobook5 hours
Capital City: Gentrification and the Real Estate State
Written by Samuel Stein
Narrated by Emily Beresford
Rating: 3.5 out of 5 stars
3.5/5
()
About this audiobook
Our cities are changing. Around the world, more and more money is being invested in buildings and land. Real estate is now a $217 trillion-dollar industry, worth thirty-six times the value of all the gold ever mined. It forms sixty percent of global assets, and one of the most powerful people in the world-the president of the United States-made his name as a landlord and developer.
Samuel Stein shows that this explosive transformation of urban life and politics has been driven not only by the tastes of wealthy newcomers, but by the state-driven process of urban planning. Planning agencies provide a unique window into the ways the state uses and is used by capital, and the means by which urban renovations are translated into rising real estate values and rising rents.
Capital City explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.
Samuel Stein shows that this explosive transformation of urban life and politics has been driven not only by the tastes of wealthy newcomers, but by the state-driven process of urban planning. Planning agencies provide a unique window into the ways the state uses and is used by capital, and the means by which urban renovations are translated into rising real estate values and rising rents.
Capital City explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.
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Reviews for Capital City
Rating: 3.6309523523809526 out of 5 stars
3.5/5
42 ratings4 reviews
- Rating: 5 out of 5 stars5/5Well-researched, immersed in NYC organizing. This is a brilliant and important read, so relevant today.
The chapters on the Trump family wealth are particularly illuminating. Did not know Frederick Trump made his money off of brothel-keeping and exploiting miners.1 person found this helpful
- Rating: 1 out of 5 stars1/5Out of touch Socialist! I would recommend the author to take some economics classes!
- Rating: 1 out of 5 stars1/5I was expecting something about the effect of market forces, laws, demographics on real estate. Instead I got a repetitive diatribe about gentrification. Halfway through the book I was just waiting for the author to start quoting Marx and was only surprised by how late in the book that happens.
- Rating: 2 out of 5 stars2/5This had the potential to be a timely manifesto on how the left can respond to the financialization of shelter, but the author unfortunately never got there. It was more of a laundry list of the gentrification problems that New Yorkers, mostly renters, are facing, and it wasn't until the last few pages that a small list of possible solutions finally appeared. They felt tacked on and were scarcely specific enough to salvage this title. If you are seeking actions to take in response to real estate speculation and /or gentrification or even a new original take on the issues, skip this.