By Ray Forrest, Sin Yee Koh, Bart Wissink
With the increase of wealth inequalities, our towns are altering dramatically. This assortment seriously engages with and advances present debates at the super-rich and their roles in those differences. An interdisciplinary variety of contributions from overseas specialists together with sociologists, geographers, historians, discourse analysts, and concrete experiences experts display the most important features of the genuine property funding practices of the super-rich, their social areas within the urban in addition to the detailed impression of the super-rich at the transformation of 4 key towns: London, Tokyo, Singapore and Hong Kong. via drawing jointly various disciplines, views, and stories throughout varied geographical contexts, this booklet deals a clean, comparative, and nuanced tackle the super-rich and the 1% urban, in addition to a superb, empirically and theoretically grounded foundation to consider destiny learn questions and coverage implications.
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Additional info for Cities and the Super-Rich: Real Estate, Elite Practices and Urban Political Economies
Retrieved March 10, 2014, from http://www. org/juncture/171/11905/the-tyranny-of-intermediaries-who-writesthe-rules-of-our-modern-capitalism Dorling, D. (2014). Inequality and the 1%. London: Verso. Economist. (2013, November 23). Über-warehouses for the ultra-rich. pp. 25–27. Economist. (2015, May 23). Burned again: Shares in a high-flying firm suffer a mysterious collapse. economist. com/news/china/21651740-after-share-price-crash-hanergy-looks-latestchinese-solar-firm-burn-out-burned-again EIU & RBC Wealth Management.
12 R. FORREST ET AL. ous ‘externalities’, which exclusive spaces impose on the non-exclusive. There is a lobby to expand private jet airspace and restructure airports accordingly, at the same time that there is a lobby to improve marinas that will attract super yachts. And there may be direct investments of the ultra-wealthy on urban hard and soft infrastructure—museums, art galleries, schools, and philanthropic projects. Moreover, returning to a more porous view of super-rich lifestyles and ‘one percentism’, there are the ripple effects of aspirant elitism through the urban fabric—most notably perhaps in the proliferation of designer shops.
Sarina Wakefield explores the production and legitimization of cultural heritage in Dubai by the super-rich and shows how this is connected to a complex global power network. Collectively, these four chapters examine the spatial relationships between elite power status, luxury lifestyles and consumption, and the impacts of elite spatialities and practices on the cities that are hosting the super-rich. They offer glimpses into the spatial practices of the super-rich, with implications for our understanding of super-rich mobilities and connections within and between cities and places.