When the financial markets start coughing, office markets quickly catch a cold: Book review of: Colin Lizieri. Towers of Capital. Office Markets and International Financial Services

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Résumé

“Where does property ‘fit’ into the dynamics of value creation under contemporary capitalism?” and “What about the economics of property?”, only recently did Christophers (2010: 94) address these questions to his fellow geographers. With Towers of Capital, Lizieri has now presented a long overdue book, which insightfully investigates the multifaceted – though primarily economic – phenomena of office markets, specifically in international financial centres (IFCs), and their strong entanglement with the financial markets. By writing this book, Lizieri follows a long tradition established by Coakley (1994), Daly (1982), or Pryke (1993, 1994) who more or less critically examined the early stages of the so-called financialisation and the eventual reification of office property into tradable financial assets (...)
langue originaleAnglais
journalArticulo - Journal of Urban Research
Volume2011
étatPublié - 2011

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