AESOP Congress 2024 - Approaching urban renewal through the lens of urban rent theory
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Date
2024
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AESOP
Abstract
A major urban renewal policy has been implemented in France since the 2000s, bringing about extensive urban and social changes in vast social housing complexes built during the post-war period of massive construction. Drawing on an urban political economy framework, this paper analyses two French urban renewal projects as a commodification and a privatization of neighbourhoods that have been characterized for decades by a public or quasi-public land ownership and by non-market-oriented forms of management. I argue that under certain conditions, urban renewal may produce different types of urban rents, which are mostly appropriated by private stakeholders. This paper investigates the role of state and local governments in these processes to underline the existence of public strategies favouring the profitability of private housing development and the production of urban rents in these areas.
Keywords : Rents, Urban Renewal, Social Housing, Commodification, France
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Game changer? Planning for just and sustainable urban regions, Paris, 8-12th July 2024
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CC-BY