From the statist to the financial model in housing production in the Metropolitan Zone of Mexico City

This work analyzes the various modalities of housing production in the Metropolitan Zone of Mexico City (ZMCM), focusing on the arrangements resulting from the interaction between public and private actors, housing policies, and forms of production within the sector. Changes in the roles of the Stat...

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Bibliografski detalji
Glavni autor: Francisco Javier Luna Moreno
Format: Artículo
Jezik:spa
Izdano: Universidad Autónoma de Ciudad Juárez. Instituto de Arquitectura, Diseño y Arte 2024
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Online pristup:http://erevistas.uacj.mx/ojs/index.php/decumanus/article/view/6398
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Sažetak:This work analyzes the various modalities of housing production in the Metropolitan Zone of Mexico City (ZMCM), focusing on the arrangements resulting from the interaction between public and private actors, housing policies, and forms of production within the sector. Changes in the roles of the State, as well as in the real estate and financial sectors, are examined alongside the different logics of housing production. This analysis is conducted through a systematic review of the specialized literature and the quantification of housing production from 2000 to 2022, which has enriched the discussion about the financialization of the housing sector in the ZMCM. The importance of considering the housing sector within its historical-geographical context lies in identifying the elements that structure it, as well as the socio-territorial effects and experiences that result from these elements. In conclusion, three production models are identified: the first, characterized by a strong State involvement; the second, related to the emergence of housing real estate markets; and the third, which emphasizes the complexity of the (inter)relationships between the State, real estate markets, and financial institutions. The latter is manifested in new institutional arrangements and large-scale projects, both in the peripheries and in central urban areas. The results contribute to understanding the processes and mechanisms that have transformed housing from a basic need into a commodity and an object of investment.
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