Throughout history, houses have been an economic resource as much as a means of social, political and cultural agency. From the early modern period to the 20th century, the multifaceted capital of houses linked individuals, families and societies in specific ways. The essays collected here probe the material texture of past societies concerning the inheritance, value, sale or maintenance of houses as well as the symbolic meanings that houses conveyed.
Since the early nineteenth century, an unusually rich and varied array of housing stock has been created in the Washington, D.C., metropolitan area. Washington has harbored numerous private-sector initiatives to develop model housing projects, and it has also been a proving ground for federal policies crafted to improve living conditions for households of middle and moderate income. In addition, the large, middle-class African American population has left a distinct imprint on the metropolitan area’s domestic landscape, developing its own options for housing in city and suburb alike. Profusely illustrated, with thirteen chapters by fourteen esteemed authors, Housing Washington examines the storied legacy of residential development in our nation’s capital, from the early nineteenth century to the present. By focusing on a wide variety of mainstream patterns and interweaving the threads of convention and change as well as those of race and class, this book offers a fresh perspective on metropolitan dwelling places and breaks new ground in urban studies and architectural and planning history.
“This superbly succinct and incisive book” on urban planning and real estate argues gentrification isn’t driven by latte-sipping hipsters—but is engineered by the capitalist state (Michael Sorkin, author of All Over the Map) 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 former 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.
This is an open access title available under the terms of a CC BY-NC-ND 3.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. The financial crisis triggered a global debate on the taxation of the financial sector. A number of international policy initiatives, most notably by the G-20, have called for major changes to the tax treatment of financial institutions and transactions, as well as to working practice within the financial sector. This book examines how tax policies contributed to the financial crisis and whether taxation can play a role in the reform efforts to establish a sounder and safer financial system. It looks at the pros and cons of various tax initiatives including limiting the tax advantages to debt financing; special taxes on the financial sector; and financial transactions taxes. It examines policy concerns such as: the manner in which the financial sector should "pay" for its bailout and the role of accumulated tax losses on financial institutions' behaviour; the role that taxes may play in correcting the systemic externalities associated with "too big to fail"; the types of tax that are most appropriate for financial institutions and markets ("excess profits" versus "financial transactions taxes"); the interaction between taxes and the regulation of the financial sector; and the role of taxation in countercyclical and macroeconomic policies.
When discussing inequality and poverty in Hong Kong, scholars and politicians often focus on the failures of government policy and push for an increase in social welfare. Richard Wong argues in Fixing Inequality in Hong Kong that universal retirement support, minimum wage, and standard hours of work are of limited effect in shrinking the inequality gap. By comparing Hong Kong with Singapore, he points out that Hong Kong needs a new and long-term strategy on human resource policy. He recommends more investment in education, focusing on early education and immigration policy reforms to attract highly educated and skilled people to join the workforce. In analyzing what causes inequality, this book ties disparate issues together into a coherent framework, such as Hong Kong’s aging population, lack of investment in human capital, and family breakdowns. Rising divorce rates among low-income households have worsened the housing shortage, driving rents and property prices upwards. Housing problems have created a bigger gap between those who own housing and have the ability to invest in their children’s human capital and those who cannot, thus adversely impacting intergenerational upward mobility. This is the third of Richard Wong’s collections of articles on society and economy in Hong Kong. Diversity and Occasional Anarchy and Hong Kong Land for Hong Kong People, published by Hong Kong University Press in 2013 and 2015 respectively, discuss growing economic and social contradictions in Hong Kong and current housing problems and their solutions.
This wide-ranging book sets discussion of the various approaches to local government decentralisation in the context of the changing nature of public service management and the possibilities for new kinds of public involvement in government decision-making. It draws on a wide range of experiences throughout the UK as well as the findings of an in-depth study of the impact of radical decentralisation strategies in two inner London boroughs to provide an authoritative assessment of the politics of decentralisation.
