Tag Archives: real estate

Surfing the Wave: Chrystel beats the bubble

In 2008, Ramu Dhara bought his first house, fathered his first child, and weathered his first financial crisis.  While Chrystel Garipuy, his partner, had no role to play in the crisis and an equal role in parenthood; she is, as they both readily confess, wholly responsible for the biggest purchase of their lives: A late nineteenth century brownstone currently valued at approximately $825,000. “I was a committed renter,” explains Ramu, a user-interface design consultant who has rented all over New York City for more than 15 years, “She was the one who convinced me to take the plunge.” Continue reading Surfing the Wave: Chrystel beats the bubble

Right to the City? Rethinking Urbanization, Urban Restructuring, Change and How the City is Accessed Physically and Symbolically …

David Harvey published his piece Right to the City in the New Left Review Issue of September-October 2008. Briefly, he describes the capitalist process and how the city has been the space for investing surplus capital. Specifically, this is done through the constant construction boom, be it housing or infrastructure creation. Harvey is suggesting that the global crises which has affected cities across the world (also because these cities were deeply implicated in the conditions that produced the crisis) is now offering an opportunity for the marginalized “classes” of the world to come together and take control of the “surpluses” which are generated at the expense of the cities. He proposes that if the marginalized people across the world were to unite, they could probably demand a human right to the city which goes beyond merely accessing individual urban resources. The right to the city involves re-creating ourselves in the process of re-creating our cities, in consonance with the higher values of equality and social justice. Continue reading Right to the City? Rethinking Urbanization, Urban Restructuring, Change and How the City is Accessed Physically and Symbolically …