Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Broken City: Land Speculation, Inequality, and Urban Crisis

Broken City: Land Speculation, Inequality, and Urban Crisis

Condon, Patrick

Paperback

General ArchitectureGeneral SociologyUnited States Politics

Publisher Price: $32.95

ISBN10: 0774869550
ISBN13: 9780774869553
Publisher: University of British Columbia Press
Published: May 28 2024
Pages: 250
Weight: 0.95
Height: 0.87 Width: 5.91 Depth: 8.90
Language: English
Analyzes the skyrocketing urban land prices driving our global housing market.

How can urban housing, and the land underneath, now account for half of all global wealth? According to Patrick Condon in Broken City, the simple answer is that land has become an asset rather than a utility. If the rich only indulged themselves with gold, jewels, and art, we wouldn't have a global housing crisis. But once global capital markets realized land was a good speculative investment, runaway housing costs ensued. For example, in Vancouver, land prices increased by six hundred percent between 2008 and 2016. How much wealth have investors extracted from urban land? In this engaging, readable, and insightful treatise, Patrick Condon explains how we have let land, our most durable resource, shift away from the common good and proposes bold strategies for how cities in North America can shift it back.

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