CRISIS AND THE REPRODUCTION OF CORE-PERIPHERY RELATIONS ON THE HUNGARIAN HOUSING MARKET
Journal Title: European Spatial Research and Policy - Year 2017, Vol 24, Issue 2
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 the Hungarian 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 sociospatial polarization.
Authors and Affiliations
Zsuzsanna PÓSFAI, Gábor NAGY
Keywords
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- EP ID EP552336
- DOI 10.1515/esrp-2017-0007
- Views 28
- Downloads 0
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