IDEAS home Printed from https://ideas.repec.org/a/taf/intjhp/v17y2017i1p75-96.html
   My bibliography  Save this article

The geopolitics of real estate: assembling soft power via property markets

Author

Listed:
  • Mirjam Büdenbender
  • Oleg Golubchikov

Abstract

The article problematises the role of real estate in geopolitical circulations. The internationalisation of real estate increases mutual dependencies and vulnerabilities between nation states and, therefore, calls for a better appreciation of the geopolitical externalities and exteriorities of real estate. The article brings together disjoint bodies of literature on real estate globalisation, assemblage theory, and international relations to show how real estate is a case of the geopolitics of the multiple – geopolitics that is being assembled by diverse and distributed actors, discourses, and materialities representing the contingent and emergent formation of connections and considerations, which affect the ways how foreign relations are negotiated today. The argument is substantiated by considering several dimensions of the real estate/geopolitics nexus: (1) external influences over domestic real estate markets; (2) the implications of outward real estate investment; and (3) state-led mega-projects conveying externally the power of the state. These dimensions are considered empirically in the context of the renewed geopolitical tensions between a resurgent Russia and the West. Overall, the article calls for a better positioning of real estate in the conceptualisations of soft power, state power, and geopolitics.

Suggested Citation

  • Mirjam Büdenbender & Oleg Golubchikov, 2017. "The geopolitics of real estate: assembling soft power via property markets," International Journal of Housing Policy, Taylor & Francis Journals, vol. 17(1), pages 75-96, January.
  • Handle: RePEc:taf:intjhp:v:17:y:2017:i:1:p:75-96
    DOI: 10.1080/14616718.2016.1248646
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14616718.2016.1248646
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/14616718.2016.1248646?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. Jorn Koelemaij, 2022. "The world’s number 1 real estate development exporter? Assessing announced transnational projects from the United Arab Emirates between 2003–2014," Environment and Planning A, , vol. 54(2), pages 226-246, March.
    2. Shenjing He & Mengzhu Zhang & Zongcai Wei, 2020. "The state project of crisis management: China’s Shantytown Redevelopment Schemes under state-led financialization," Environment and Planning A, , vol. 52(3), pages 632-653, May.
    3. Hang Kei Ho & Rowland Atkinson, 2018. "Looking for big ‘fry’: The motives and methods of middle-class international property investors," Urban Studies, Urban Studies Journal Limited, vol. 55(9), pages 2040-2056, July.
    4. Byron Ioannou & Lora Nicolaou & Konstantinos Serraos & Georgia Spiliopoulou, 2019. "Large Urban Developments as Non-Planning Products: Conflicts and Threats for Spatial Planning," Urban Planning, Cogitatio Press, vol. 4(4), pages 31-42.

    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:75-96. 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.