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100 _aSigler, Thomas
_957053
245 _aNew directions in transnational gentrification:
_bTourism-led, state-led and lifestyle-led urban transformations/
260 _bSage,
_c2020.
300 _aVol 57, Issue 15, 2020 ( 3190–3201 p.).
520 _aTransnational gentrification is class-based neighbourhood change driven by relatively affluent international migrants. In contrast to the conventional globalisation narrative in which people are significantly more place-bound than capital flows, transnational gentrification suggests that a globally mobile capitalist class has been in large part responsible for rapid change in many urban neighbourhoods. Observations of transnational gentrification have accelerated over the past decade, with scholarly accounts reporting on cases in disparate locations – particularly those in Latin America and the Mediterranean with ‘charming’ old-world architecture, significant cultural amenity and rents below OECD averages. In this article we attribute transnational gentrification in the 21st century to three primary drivers: new forms of tourism and short-term rentals; state-led initiatives to revitalise urban neighbourhoods and catalyse economic activity; and lifestyle-driven migration and new forms of consumption. We argue that transnational gentrification is not simply an outcome of a globalised ‘rent gap’ but instead a product of a new global residential imaginary coupled with enhanced possibilities for transnational mobility facilitated by digital platforms and state-led efforts to extract new forms of rent from particular neighbourhoods. We conclude by offering a number of potential avenues for future research, many of which resonate with key themes that emerged decades ago as gentrification first began to transform cities and urban policy.
700 _aWachsmuth, David
_953994
773 0 _08843
_916581
_dLondon Sage Publications Ltd. 1964
_tUrban studies
_x0042-0980
856 _uhttps://doi.org/10.1177/0042098020944041
942 _2ddc
_cEJR
999 _c14267
_d14267