The University of Southampton
University of Southampton Institutional Repository

Housing provision under globalisation: a case study of Shanghai

Record type: Article

Housing provision in China has undergone significant changes since economic reform. In the early stage of reform the objective was to solve the problems that are internal to the socialist economy, namely unrecoverable housing investment and housing shortages. The state adopted policies to 'commodify' and 'decentralise' housing provision. The mode of provision was transformed from a centrally allocated budget to shared investment contributed by state work-units, local governments, and individual households. Since the 1990s Chinese cities have seen increased foreign investment in real estate development and consequently experienced an unprecedented building boom. Little is know about the impacts of globalisation on housing development. The purpose of this paper is to examine the changes in housing investment and to highlight the dilemma of housing 'commodification' in the process of globalisation. Specifically, foreign investment contributed to initial capital formation in real estate development and more importantly helped to create a marketised housing segment. The buoyant market price demonstrated the profitability of real estate, thus attracting more capital into housing development. The combined effect of marketisation and globalisation has led to increasing social spatial differentiation and inadequate housing provision to marginal social groups.

Full text not available from this repository.

Citation

Wu, F. (2001) Housing provision under globalisation: a case study of Shanghai Environment and Planning A, 33, (10), pp. 1741-1761. (doi:10.1068/a33213).

More information

Published date: 2001

Identifiers

Local EPrints ID: 16507
URI: http://eprints.soton.ac.uk/id/eprint/16507
PURE UUID: f18b7aad-ca62-4c37-a6e4-098c450d3068

Catalogue record

Date deposited: 11 Aug 2005
Last modified: 17 Jul 2017 16:43

Export record

Altmetrics


Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×