GEOG 350 Lecture Notes - Lecture 25: Dialectic, The Documentary
Document Summary
Housing at the nexus of race and transnational capital. The results of subprime lending in the us. Answer the question: if housing represents a social relationship, what social arrangements produce subprime mortgages? (think socio-spatial dialectic, racial capitalism, use vs. exchange value) Case study 2: high-value real estate markets become sinks for global capital. Capital moves into the "second circuit" --> into real estate and urbanization. There is a racialized discourse --> through the evidence of empty condos. A scenario where immigrants were deemed as "foreign" and that they were creating a foreign invasion. -> instead of unidirectionally, i. e. the conventional chinese capital --> leads to affordable housing crisis in vancouver) Different intersections of race + class (multiple examples on display in film) Implications of hypercommodification of housing for production of urban relations and urban space in vancouver.
