IDEAS home Printed from https://ideas.repec.org/a/taf/intjhp/v17y2017i1p1-14.html
   My bibliography  Save this article

The globalisation of real estate: the politics and practice of foreign real estate investment

Author

Listed:
  • Dallas Rogers
  • Sin Yee Koh

Abstract

Foreign investment in residential real estate – especially by new middle-class and super-rich investors – is re-emerging as a key political issue in academic, policy and public debates. On the one hand, global real estate has become an asset class for foreign individual and institutional investors seeking to diversify their investment portfolios. On the other, a suite of intergenerational migration and education plans may also be motivating foreign investors. Government and public responses to the latest manifestation of global real estate investment have taken different forms. These range from pro-foreign investment, primarily justified on geopolitical economic grounds, to anti-foreign investment for reasons such as mitigating public dissent and protecting the local housing market. Within this changing global context, the six articles in this special issue on the globalisation of real estate present a diverse range of empirical case studies from Canada, Hong Kong, Singapore, Russia, Australia and Korea. This editorial highlights four methodological challenges that the articles collectively highlight; they are (1) investor cohorts and property types, (2) regulatory settings, (3) geopolitics and (4) spatial differences and temporal trajectories.

Suggested Citation

  • Dallas Rogers & Sin Yee Koh, 2017. "The globalisation of real estate: the politics and practice of foreign real estate investment," International Journal of Housing Policy, Taylor & Francis Journals, vol. 17(1), pages 1-14, January.
    • Handle: RePEc:taf:intjhp:v:17:y:2017:i:1:p:1-14
    DOI: 10.1080/19491247.2016.1270618
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/19491247.2016.1270618
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/19491247.2016.1270618?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Caroline Dewilde, 2018. "Explaining the declined affordability of housing for low-income private renters across Western Europe," Urban Studies, Urban Studies Journal Limited, vol. 55(12), pages 2618-2639, September.
    2. Hazel Easthope & Laura Crommelin & Sophie-May Kerr & Laurence Troy & Ryan van den Nouwelant & Gethin Davison, 2022. "Planning for Lower-Income Households in Privately Developed High-Density Neighbourhoods in Sydney, Australia," Urban Planning, Cogitatio Press, vol. 7(4), pages 213-228.
    3. Emma Avery & Sarah Moser, 2023. "Urban speculation for survival: Adaptations and negotiations in Forest City, Malaysia," Environment and Planning C, , vol. 41(2), pages 221-239, March.
    4. Jonathan Bourne, 2019. "Empty homes: mapping the extent and value of low-use domestic property in England and Wales," Palgrave Communications, Palgrave Macmillan, vol. 5(1), pages 1-14, December.
    5. Jiang, Yanpeng & Mohabir, Nalini & Ma, Renfeng & Zhu, Pengyu, 2017. "Sorting through Neoliberal Variations of Ghost Cities in China," Land Use Policy, Elsevier, vol. 69(C), pages 445-453.
    6. Katsinas, Philipp, 2021. "Professionalisation of short-term rentals and emergent tourism gentrification in post-crisis Thessaloniki," LSE Research Online Documents on Economics 108590, London School of Economics and Political Science, LSE Library.
    7. Cody Hochstenbach & Richard Ronald, 2020. "The unlikely revival of private renting in Amsterdam: Re-regulating a regulated housing market," Environment and Planning A, , vol. 52(8), pages 1622-1642, November.
    8. Hila Zaban, 2020. "The real estate foothold in the Holy Land: Transnational gentrification in Jerusalem," Urban Studies, Urban Studies Journal Limited, vol. 57(15), pages 3116-3134, November.
    9. Zac J. Taylor, 2020. "The real estate risk fix: Residential insurance-linked securitization in the Florida metropolis," Environment and Planning A, , vol. 52(6), pages 1131-1149, September.
    10. Giovanni Semi & Marta Tonetta, 2021. "Marginal hosts: Short-term rental suppliers in Turin, Italy," Environment and Planning A, , vol. 53(7), pages 1630-1651, October.
    11. David Ley, 2021. "A regional growth ecology, a great wall of capital and a metropolitan housing market," Urban Studies, Urban Studies Journal Limited, vol. 58(2), pages 297-315, February.
    12. Ke Wang & Jianjun Zhang & Wenhua Guo & Zhen Liu & Ze Xu, 2023. "A Perception and Judgement of Contributing Factors for Allocating Urban Residential Land: A Systematic Review and Statistical Analysis," Land, MDPI, vol. 12(1), pages 1-22, January.
    13. Xiao Ma & Zhe Zhang & Yan Han & Xiao-Guang Yue, 2019. "Sustainable Policy Dynamics—A Study on the Recent “Bust” of Foreign Residential Real Estate Investment in Sydney," Sustainability, MDPI, vol. 11(20), pages 1-20, October.
    14. Martijn Konings & Lisa Adkins & Dallas Rogers, 2021. "The institutional logic of property inflation," Environment and Planning A, , vol. 53(3), pages 448-456, May.
    15. Antoine Guironnet, 2019. "Cities on the global real estate marketplace: urban development policy and the circulation of financial standards in two French localities," Post-Print halshs-02297204, HAL.
    16. Agustin Cocola-Gant & Ana Gago, 2021. "Airbnb, buy-to-let investment and tourism-driven displacement: A case study in Lisbon," Environment and Planning A, , vol. 53(7), pages 1671-1688, October.
    17. Lisha He & Mia M Bennett & Ronghao Jiang, 2022. "The uneven geography of real estate investment by Mainland Chinese state-owned and private enterprises in the U.S.: Local market conditions, migration, and ethnic networks," Environment and Planning A, , vol. 54(4), pages 653-675, June.
    18. Philipp Katsinas, 2021. "Professionalisation of short-term rentals and emergent tourism gentrification in post-crisis Thessaloniki," Environment and Planning A, , vol. 53(7), pages 1652-1670, October.
    19. Polat, Zeynel Abidin, 2019. "Legal, economic, geographical and demographic analysis of the acquisition of Real Estate by foreign nationals in Turkey," Land Use Policy, Elsevier, vol. 85(C), pages 207-217.
    20. Laure Casanova Enault & Martin Bocquet & Guilhem Boulay, 2023. "Who owns France? Uncovering the structure of property ownership for a better understanding of the socio-spatial distribution of wealth [Qui détient la France ? Révéler la structure de la propriété ," Post-Print hal-04187490, HAL.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:intjhp:v:17:y:2017:i:1:p:1-14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REUJ20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.