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A Gentrification Story

Erol, Emre LU (2018) SGEM08 20181
Department of Human Geography
Abstract
The housing question has been a core societal issue for centuries. Since Engels (1988) intervened in the debate in 1872, housing has become increasingly central as a commodity in financialised capitalism. Hong Kong has experienced some of the most problems with housing, as it has been the most unaffordable place in the world eight years in a row (Demographia, 2018). Yet, there is more than unaffordability to the housing question in Hong Kong. Gentrification theory has been an important framework to comprehend the housing problem worldwide. Whereas some gentrification scholars focus on the role of capital (supply-side explanations), others study the gentrifiers (demand-side explanations). Scholars from the Global South, particularly Hong... (More)
The housing question has been a core societal issue for centuries. Since Engels (1988) intervened in the debate in 1872, housing has become increasingly central as a commodity in financialised capitalism. Hong Kong has experienced some of the most problems with housing, as it has been the most unaffordable place in the world eight years in a row (Demographia, 2018). Yet, there is more than unaffordability to the housing question in Hong Kong. Gentrification theory has been an important framework to comprehend the housing problem worldwide. Whereas some gentrification scholars focus on the role of capital (supply-side explanations), others study the gentrifiers (demand-side explanations). Scholars from the Global South, particularly Hong Kong, criticise the theory’s applicability to non-Western contexts. Through examination of various statistics and field observations, findings of this thesis show that neoliberalisation of the public housing system since the mid-1990s indicates a gentrification trajectory similar to anywhere else in the world where capitalism is the main system, including the West. (Less)
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author
Erol, Emre LU
supervisor
organization
course
SGEM08 20181
year
type
H2 - Master's Degree (Two Years)
subject
keywords
Gentrification, Hong Kong, Rent Gap Theory, Financialisaton, Public Commons
language
English
id
8957874
date added to LUP
2018-09-05 12:05:50
date last changed
2018-09-05 12:05:50
@misc{8957874,
  abstract     = {The housing question has been a core societal issue for centuries. Since Engels (1988) intervened in the debate in 1872, housing has become increasingly central as a commodity in financialised capitalism. Hong Kong has experienced some of the most problems with housing, as it has been the most unaffordable place in the world eight years in a row (Demographia, 2018). Yet, there is more than unaffordability to the housing question in Hong Kong. Gentrification theory has been an important framework to comprehend the housing problem worldwide. Whereas some gentrification scholars focus on the role of capital (supply-side explanations), others study the gentrifiers (demand-side explanations). Scholars from the Global South, particularly Hong Kong, criticise the theory’s applicability to non-Western contexts. Through examination of various statistics and field observations, findings of this thesis show that neoliberalisation of the public housing system since the mid-1990s indicates a gentrification trajectory similar to anywhere else in the world where capitalism is the main system, including the West.},
  author       = {Erol, Emre},
  keyword      = {Gentrification,Hong Kong,Rent Gap Theory,Financialisaton,Public Commons},
  language     = {eng},
  note         = {Student Paper},
  title        = {A Gentrification Story},
  year         = {2018},
}