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From Boom To Bubble
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From Boom To Bubble: How Finance Built the New Chicago

Rachel Weber

Abstract

This book unpacks the urban development process, identifying the players and processes that contribute to periodic construction booms. Debunking the notion that booms occur to accommodate growth or are propelled by a natural process of creative destruction, it develops novel theories about how real estate markets are “performed” through historically and locally-specific professional practices. The book focuses on three main causes of overbuilding in commercial real estate: financial instruments and regulatory changes that boost liquidity in global capital markets; the practices of local interm ... More

Keywords: urban development, real estate, financialization, Chicago history, urban planning, development finance, urban politics, capital markets

Bibliographic Information

Print publication date: 2015 Print ISBN-13: 9780226294483
Published to Chicago Scholarship Online: May 2016 DOI:10.7208/chicago/9780226294513.001.0001

Authors

Affiliations are at time of print publication.

Rachel Weber, author
University of Illinois

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