A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Financialized Berlin: The Monetary Transformation of Housing, Architecture and Polity
A financialized real estate market is both an abstraction of global capital flows and a localized driver of gentrification. Under this premise, architectural form and urban design become a performance of contradicting value formations. Drawing on the methods of urban history, geography, architectural criticism and performative writing strategies, this paper develops a theoretical perspective on the architecture of financialized rental housing based on a relational understanding of architecture and social space. The paper’s point of departure is the financialization of Germany’s social rental housing stock. Recent housing projects undertaken in the metropolitan region of Berlin by the real estate investment companies Vonovia SE and Deutsche Wohnen SE serve as case studies. The analysis identifies five strategies for cost-optimization that, taken together, outline the characteristics of an ideal city of financialization which promotes the destruction of social cohesion in the interests of shareholders.
Financialized Berlin: The Monetary Transformation of Housing, Architecture and Polity
A financialized real estate market is both an abstraction of global capital flows and a localized driver of gentrification. Under this premise, architectural form and urban design become a performance of contradicting value formations. Drawing on the methods of urban history, geography, architectural criticism and performative writing strategies, this paper develops a theoretical perspective on the architecture of financialized rental housing based on a relational understanding of architecture and social space. The paper’s point of departure is the financialization of Germany’s social rental housing stock. Recent housing projects undertaken in the metropolitan region of Berlin by the real estate investment companies Vonovia SE and Deutsche Wohnen SE serve as case studies. The analysis identifies five strategies for cost-optimization that, taken together, outline the characteristics of an ideal city of financialization which promotes the destruction of social cohesion in the interests of shareholders.
Financialized Berlin: The Monetary Transformation of Housing, Architecture and Polity
Kockelkorn, Anne (author)
Architectural Theory Review ; 26 ; 76-104
2022-01-02
29 pages
Article (Journal)
Electronic Resource
English
Financialized Berlin : the monetary transformation of housing, architecture and polity
| BASE | 2022
| Taylor & Francis Verlag | 2022
| Taylor & Francis Verlag | 2009
Housing ideology and urban residential change: the rise of co-living in the financialized city
| BASE | 2024