Title

Hyper-divided cities and the ‘immoral’ super-rich : five parting questions

Document Type

Book chapter

Source Publication

Cities and the super-rich : real estate, elite practices, and urban political economies

Publication Date

1-1-2017

First Page

273

Last Page

287

Publisher

Palgrave Macmillan

Abstract

This chapter summarises common themes covered in this volume and highlights areas for further empirical investigation. It is argued that there is a tendency to blame the ‘immoral’ super-rich for the dramatic growth of urban inequalities and the related hyper-division of cities. It is suggested that this accusatory reading should be complemented by empirical research into the precise involvement of the super-rich vis-a-vis other drivers. With this objective in mind, we pose five key questions: What is new about current forms of hyper-division and wealth inequality? What are the roles of structures and intermediaries, in addition to the super-rich? How are governments and their policies implicated? What about transformed urban economies in the context of the financialisation–urbanisation nexus? Are there geographical variations regarding cities and the super-rich?

Funding Information

The work for this conclusion was supported by a grant from the ESRC/RGC Joint Research Scheme sponsored by the Hong Kong Research Grants Council and the Economic and Social Research Council in the United Kingdom (Project reference no: ES/K010263/1).

Publisher Statement

Copyright © The Editor(s) (if applicable) and The Author(s) 2017

Access to external full text or publisher's version may require subscription.

Additional Information

ISBN of the source publication: 9781137557155

Recommended Citation

Forrest, R., Koh, S. Y., & Wissink, B. (2017). Hyper-divided cities and the ‘immoral’ super-rich: Five parting questions. In R. Forrest, S. Y. Koh, & B. Wissink (Eds.), Cities and the super-rich: Real estate, elite practices, and urban political economies (pp. 273-287). New York: Palgrave Macmillan.

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