Platform-mediated short term rentals and gentrification in Madrid/ (Record no. 14262)

MARC details
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fixed length control field 02122nab a2200205 4500
005 - DATE & TIME
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100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Urquiaga, Alvaro Ardura
245 ## - TITLE STATEMENT
Title Platform-mediated short term rentals and gentrification in Madrid/
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc Sage,
Date of publication, distribution, etc 2020.
300 ## - PHYSICAL DESCRIPTION
Pages Vol 57, Issue 15, 2020 ( 3095–3115 p.).
520 ## - SUMMARY, ETC.
Summary, etc Gentrification demands updated frameworks to assess the impact of some major global trends on the local populations’ access to housing. Short-term accommodation using digital platforms in previously gentrified central urban areas is playing a significant role in outlining a new wave of ‘transnational gentrification’ in a number of global cities. Having undergone classical patterns of gentrification over the last two decades, the central district of Madrid and its surroundings are showing patterns of a new wave of gentrification in a context of economic crisis, planetary rent gaps, increasing global tourism and an increase in rental prices in central areas that may be related to the emergence of short-term rentals – making Madrid a relevant case for depicting transnational gentrification in the Southern European capitals. Based on empirical data, this work explores the holiday rental supply in Madrid over three years (2015–2018), verifying a strong association between the growth in tourist arrivals, the settlement of new residents from wealthy economic backgrounds and increasing rental prices. Since this process is accompanied by deregulation of local rental contracts and the growth of transnational Real Estate Investment Trusts (REITs), even in some of the most vulnerable areas located beyond the M-30 ring road, this wave of gentrification has the potential to produce displacement and substitution of residents.
700 ## - Added Entry Personal Name
Added Entry Personal Name Lorente - Riverola, Inigo
700 ## - Added Entry Personal Name
Added Entry Personal Name Sanchez, Javier Ruiz
773 0# - HOST ITEM ENTRY
Host Biblionumber 8843
Host Itemnumber 16581
Place, publisher, and date of publication London Sage Publications Ltd. 1964
Title Urban studies
International Standard Serial Number 0042-0980
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://doi.org/10.1177/0042098020918154
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type E-Journal
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-- 57047
700 ## - Added Entry Personal Name
-- 57048
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