Crisis and the reproduction of core-periphery relations on the Hungarian housing market
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Date
2017
Authors
Pósfai, Zsuzsanna
Nagy, Gábor
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Abstract
Housing markets can be understood as indicators of the spatial pattern of capital investment under contemporary financial capitalism. We take this point of entry in order to analyze core-periphery relations around the turning point of the global financial crisis of 2007–2008 on the Hungarian housing market. The instance of crisis sheds light on patterns of homogenization and differentiation; the effects of which can be understood by exploring housing market activity on various scales from the European to the local/regional. We argue that these two patterns of uneven development are inextricably linked and result in deepening sociospatial polarization.
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Keywords
lakáspiac , lakáspiac - Magyarország , centrum-periféria , centrum-periféria kapcsolat , területi egyenlőtlenségek , egyenlőtlen fejlődés , válság
Citation
European Spatial Research and Policy 24:(2) pp. 17-38. (2017)