CRISIS AND THE REPRODUCTION OF CORE-PERIPHERY RELATIONS ON THE HUNGARIAN HOUSING MARKET Cover Image

CRISIS AND THE REPRODUCTION OF CORE-PERIPHERY RELATIONS ON THE HUNGARIAN HOUSING MARKET
CRISIS AND THE REPRODUCTION OF CORE-PERIPHERY RELATIONS ON THE HUNGARIAN HOUSING MARKET

Author(s): Zsuzsanna Pósfai, Gábor Nagy
Subject(s): Politics / Political Sciences, Geography, Regional studies, National Economy, Business Economy / Management, Sociology
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: uneven development; housing; spatial fix; global financial crisis; Hungary

Summary/Abstract: Housing markets can be understood as indicators of the spatial pattern of capital investment under contemporary financial capitalism. We take this point of entry in order to analyze core-periphery relations around the turning point of the global financial crisis of 2007–2008 on theHungarian housing market. The instance of crisis sheds light on patterns of homogenization and differentiation; the effects of which can be understood by exploring housing market activity on various scales from the European to the local/ regional. We argue that these two patterns of uneven development are inextricably linked and result in deepening socio spatial polarization.

  • Issue Year: 24/2017
  • Issue No: 2
  • Page Range: 17-38
  • Page Count: 22
  • Language: English
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