Housing financialisation and affordability in Milano. The case of Porta Romana large-scale project
| dc.contributor.author | Bortolotti, Alberto | |
| dc.date.accessioned | 2024-12-13T10:30:07Z | |
| dc.date.available | 2024-12-13T10:30:07Z | |
| dc.date.issued | 2024 | en |
| dc.description | Game changer? Planning for just and sustainable urban regions, Paris, 8-12th July 2024 | en |
| dc.description.abstract | This paper examines the relationship between housing financialisation and large-scale urban development projects. In recent decades, global real estate finance has deeply impacted local housing markets, leading to segregation, exclusion, gentrification, and densification by treating housing as a financial asset. Financialisation has shifted major development projects from efforts to provide affordable housing to mechanisms for capital extraction from land. Focusing on the Milano Porta Romana regeneration project, the paper demonstrates how financialised schemes create tensions. While these projects do provide new housing, they also drive up costs, undermining the ‘right to housing’ for low- and middle-income residents. This raises challenges for scholars, practitioners, and policymakers in balancing economic interests with equitable housing access. Keywords: financialisation, large-scale urban development projects, housing crisis; densification; Milano Porta Romana | |
| dc.description.version | published version | en |
| dc.identifier.isbn | 978-94-64981-82-7 | en |
| dc.identifier.pageNumber | 204-213 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14235/2759 | |
| dc.language.iso | English | en |
| dc.publisher | AESOP | en |
| dc.rights | openAccess | en |
| dc.rights.license | CC-BY | en |
| dc.source | Game changer? Planning for just and sustainable urban regions, Paris, 8-12th July 2024 | en |
| dc.title | Housing financialisation and affordability in Milano. The case of Porta Romana large-scale project | |
| dc.type | conferenceObject | en |
| dc.type.version | publishedVersion | en |