{"product_id":"urban-land-rent-isbn-9781118827673","title":"Urban Land Rent","description":"\u003cp\u003e\u003cb\u003eIn \u003ci\u003eUrban Land Rent\u003c\/i\u003e, Anne Haila uses Singapore as a case study to develop an original theory of urban land rent with important implications for urban studies and urban theory.\u003c\/b\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003eProvides a comprehensive analysis of land, rent theory, and the modern city\u003c\/li\u003e \u003cli\u003eExamines the question of land from a variety of perspectives: as a resource, ideologies, interventions in the land market, actors in the land market, the global scope of land markets, and investments in land\u003c\/li\u003e \u003cli\u003eDetails the Asian development state model, historical and contemporary land regimes, public housing models, and the development industry for Singapore and several other cities\u003c\/li\u003e \u003cli\u003eIncorporates discussion of the modern real estate market, with reference to real estate investment trusts, sovereign wealth funds investing in real estate, and the fusion between sophisticated financial instruments and real estate\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eSeries Editors’ Preface ix\u003c\/p\u003e \u003cp\u003eAcknowledgements xi\u003c\/p\u003e \u003cp\u003eList of Figures xiii\u003c\/p\u003e \u003cp\u003eList of Tables xv\u003c\/p\u003e \u003cp\u003eList of Abbreviations xvii\u003c\/p\u003e \u003cp\u003eGlossary xix\u003c\/p\u003e \u003cp\u003ePreface xxi\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Introduction: Singapore as a Case and Comparison 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEuropean Classics and Western Theories 6\u003c\/p\u003e \u003cp\u003eAsian Studies: A Focus on Villages 8\u003c\/p\u003e \u003cp\u003eUrban Studies 10\u003c\/p\u003e \u003cp\u003eThe Developmental State, Asian Values and Rent-seeking 12\u003c\/p\u003e \u003cp\u003eSingapore as a Property State 15\u003c\/p\u003e \u003cp\u003eThe Chapters 21\u003c\/p\u003e \u003cp\u003eNotes 24\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Ideologies of Land 26\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLand Regimes 27\u003c\/p\u003e \u003cp\u003eDebates on Genealogies 33\u003c\/p\u003e \u003cp\u003ePhilosophies of Property 36\u003c\/p\u003e \u003cp\u003eMyths of Frontier and Homeownership 38\u003c\/p\u003e \u003cp\u003eThe Economic, Moral and Political Land Question 43\u003c\/p\u003e \u003cp\u003eNotes 45\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 Economic Arguments: Rent Theory and Property Rights Theory 46\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eConcepts and Forms of Rent 46\u003c\/p\u003e \u003cp\u003eRent and Social Problems 48\u003c\/p\u003e \u003cp\u003eExtending the Rent Concept 51\u003c\/p\u003e \u003cp\u003eProperty Rights Theory 53\u003c\/p\u003e \u003cp\u003eAmbiguous Property Rights and the Market for Development Rights 56\u003c\/p\u003e \u003cp\u003eRent as a Social Relation 57\u003c\/p\u003e \u003cp\u003eUrban Land Rent 59\u003c\/p\u003e \u003cp\u003eNotes 61\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Land Reforms: Practical Solutions and Politics of Land 63\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRadicals and Moralists 64\u003c\/p\u003e \u003cp\u003eTwo Chinese Models of Land Reform 69\u003c\/p\u003e \u003cp\u003eModern Land Reform 72\u003c\/p\u003e \u003cp\u003eLand Value Tax 78\u003c\/p\u003e \u003cp\u003eNeoliberal Land Reforms 80\u003c\/p\u003e \u003cp\u003eFrom Revolutions to Pragmatism 82\u003c\/p\u003e \u003cp\u003eNotes 85\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Land Institutions and Housing 86\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLand Institutions and the Second Round of Land Acquisitions 87\u003c\/p\u003e \u003cp\u003eNational and Urban Development 94\u003c\/p\u003e \u003cp\u003eHousing the Nation 98\u003c\/p\u003e \u003cp\u003eHousing Welfare 105\u003c\/p\u003e \u003cp\u003ePrivate, Expatriate and Migrant Housing 107\u003c\/p\u003e \u003cp\u003eChallenges 109\u003c\/p\u003e \u003cp\u003eThe Value of Public Land and Fiscalisation of Rent 113\u003c\/p\u003e \u003cp\u003eNotes 119\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Property Tycoons and Speculation 120\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRent-seeking 121\u003c\/p\u003e \u003cp\u003eProperty is a Hot Topic in Singapore 123\u003c\/p\u003e \u003cp\u003eRumours in Hong Kong 127\u003c\/p\u003e \u003cp\u003eConglomerates, Dynasties and Pension Funds 130\u003c\/p\u003e \u003cp\u003ePrivate and Government-linked Companies in Singapore 134\u003c\/p\u003e \u003cp\u003eIndustrial Landscape and the Jurong Town Corporation 137\u003c\/p\u003e \u003cp\u003ePrivate and Government Companies Sharing the Market 139\u003c\/p\u003e \u003cp\u003eTransnational Property Companies 146\u003c\/p\u003e \u003cp\u003eCapricious Landlords and Mean Developers: Absolute Rent 148\u003c\/p\u003e \u003cp\u003eLand Without Speculation 152\u003c\/p\u003e \u003cp\u003eNotes 156\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Diversification of a Real Estate Portfolio: The World is Singapore’s Hinterland 158\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSafe Haven for Global Real Estate Flows 160\u003c\/p\u003e \u003cp\u003eReal Estate Investment Trusts 164\u003c\/p\u003e \u003cp\u003eSingapore Colonising the World: Sovereign Wealth Funds 167\u003c\/p\u003e \u003cp\u003eReal Estate Investment into Singapore 170\u003c\/p\u003e \u003cp\u003eProperty-minded People 172\u003c\/p\u003e \u003cp\u003eCasinos and Singapore as the World’s Wealth Management Centre 176\u003c\/p\u003e \u003cp\u003eGlobal Rent and Racism in the Real Estate Market 178\u003c\/p\u003e \u003cp\u003eNotes 182\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Financial Crises and Real Estate 183\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinancial Centres 186\u003c\/p\u003e \u003cp\u003eSingapore and Hong Kong as Financial Centres 187\u003c\/p\u003e \u003cp\u003eNick Leeson and the Collapse of Barings 192\u003c\/p\u003e \u003cp\u003eThe IMF in Singapore 195\u003c\/p\u003e \u003cp\u003eThe Asian Crisis 197\u003c\/p\u003e \u003cp\u003eBangkok and Real Estate Speculation 200\u003c\/p\u003e \u003cp\u003eSingapore and the Financial Crisis 204\u003c\/p\u003e \u003cp\u003eThe Financialisation of Land and Derivative Rent 209\u003c\/p\u003e \u003cp\u003eNotes 213\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Conclusion: The Land, Urban and Rent Question 215\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Regime of Regulating Public Land 215\u003c\/p\u003e \u003cp\u003eThe Land Question 217\u003c\/p\u003e \u003cp\u003eThe Urban Question 221\u003c\/p\u003e \u003cp\u003eThe Rent Question 223\u003c\/p\u003e \u003cp\u003eAnnex: Note on Data 227\u003c\/p\u003e \u003cp\u003eReferences 229\u003c\/p\u003e \u003cp\u003eIndex 261\u003c\/p\u003e  \u003cb\u003eAnne Haila\u003c\/b\u003e is Professor of Urban Studies at the University of Helsinki, Finland. She was previously Professor at the Agricultural University of Norway and Senior Fellow at the National University of Singapore.  She is the author of many peer-reviewed journal articles on urban land rent theory and other topics in urban economics.  \u003cp\u003eIn \u003ci\u003eUrban Land Rent\u003c\/i\u003e, Anne Haila develops an original theory of urban land rent with important implications for urban studies and urban theory.  The book is a comprehensive analysis of land, rent theory, and the modern city, using Singapore as a case study. It examines the question of land from a variety of perspectives: as a resource, ideologies, interventions in the land market, actors in the land market, the global scope of land markets, and investments in land. In doing so, it details the Asian development state model, historical and contemporary land regimes, public housing models, and the development industry for Singapore and several other cities, such as Hong Kong. The book also incorporates discussion of the modern real estate market, with reference to real estate investment trusts, sovereign wealth funds investing in real estate, and the fusion between sophisticated financial instruments and real estate. The result is a timely and in-depth examination of the role of land and real estate in urban and economic development with insights for scholars and professionals in a range of fields, from geography and planning to development and real estate.\u003c\/p\u003e ‘The role of land and property markets in recent economic crises has clearly been significant. It also seems as if capitalism is trending towards more and more rentier as opposed to productive activities. Yet there is surprisingly little written on the subject. Haila’s book remedies this lack and comes at a very opportune moment. This is a must-read for anyone concerned with contemporary economic conditions and trends.’ \u003cbr\u003e\u003cb\u003e¯ David Harvey, Distinguished Professor of Anthropology and Geography, City University of New York (CUNY) \u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e'By placing Singapore’s policies and practices within a coherent analytic framework of concepts, ideologies and practices of 'land’ and ‘rent’, this book takes Singapore out of the realm of a ‘unique’ case and places it in the larger and historically deeper arena of conceptual debates in the political economy of land, property ownership and rent. Haila simultaneously provides the political economists of land with a substantive case which has seemingly solved much of the conceptual issues pragmatically.' \u003cbr\u003e\u003cb\u003e\u003cb\u003e¯\u003c\/b\u003e Professor Chua Beng Huat, Department of Sociology, National University of Singapore\u003c\/b\u003e","brand":"Wiley-Blackwell","offers":[{"title":"Default Title","offer_id":47990440394981,"sku":"NP9781118827673","price":41.5,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118827673.jpg?v=1761787838","url":"https:\/\/k12savings.com\/products\/urban-land-rent-isbn-9781118827673","provider":"K12savings","version":"1.0","type":"link"}