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The Globalisation of Real Estate - The Politics and Practice of Foreign Real Estate Investment (Hardcover)
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The Globalisation of Real Estate - The Politics and Practice of Foreign Real Estate Investment (Hardcover)
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Individual foreign investment in residential real estate by new
middle-class and super-rich investors is re-emerging as a key issue
in academic, policy and public debates around the world. At its
most abstract, global real estate is increasingly thought of as a
liquid asset class that is targeted by foreign individual investors
who are seeking to diversify their investment portfolios. But
foreign investors are also motivated by intergenerational familial
security, transnational migration strategies and short-term
educational plans, which are all closely entwined with global real
estate investment. Government and local 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 and macro-economic grounds, to
anti-foreign investment for reasons such as mitigating public
dissent and protecting the local housing market. Within this
changing geopolitical context, this book offers a diverse range of
case studies from Canada, Hong Kong, Singapore, Russia, Australia
and Korea. It will be of interest to academics, policymakers and
university students who are interested in the globalisation of
local real estate. The chapters in this book were originally
published in the International Journal of Housing Policy.
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