Wednesday, June 6, 2012

The New Urban Frontier: Gentrification and the Revanchist City

The New Urban Frontier: Gentrification and the Revanchist City

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Why have so many central and inner cities in Europe, North America and Australia been so radically revamped in the last three decades, converting urban decay into new chic? Will the process continue in the twenty-first century or has it ended? What does this mean for the people who live there? Can they do anything about it?
This book challenges conventional wisdom, which holds gentrification to be the simple outcome of new middle-class tastes and a demand for urban living. It reveals gentrification as part of a much larger shift in the political economy and culture of the late twentieth century. Documenting in gritty detail the conflicts that gentrification brings to the new urban 'frontiers', the author explores the interconnections of urban policy, patterns of investment, eviction, and homelessness.
The failure of liberal urban policy and the end of the 1980s financial boom have made the end-of-the-century city a darker and more dangerous place. Public policy and the private market are conspiring against minorities, working people, the poor, and the homeless as never before. In the emerging revanchist city, gentrification has become part of this policy of revenge.

The New Urban Frontier: Gentrification and the Revanchist City Review

The most useful part of the book in terms of understanding cities is the chapter on the economic theory of gentrification, that economic incentives force landlords in a declining residential area to under-maintain their building, causing further deterioration of the neighborhood's housing stock until the buildings are so undercapitalized relative to the land value underneath that capital swooshes back in with rich people. (OK so this is kind of complicated for us non-economists but it's an important theory) The role of artists and the rhetoric of "urban pioneers" is very interesting too.The downside that I kept thinking about in later chapters is that it's a shame that left-wing authors' writing tends to be very academic in tone compared to those of establishment thinkers. The content in this book is interesting if you can get past that. If you just want a good left-wing view of cities, Mike Davis' City of Quartz is much a more crisply-written and compelling read. Help other customers find the most helpful reviews Was this review helpful to you?�Yes No Report abuse | PermalinkComment Comment

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