End-to-end real estate financialization: from developing to occupying through proptechs

Detalhes bibliográficos
Autor(a) principal: Kalinoski, Rafael
Data de Publicação: 2021
Outros Autores: Procopiuck, Mario
Tipo de documento: Artigo
Idioma: por
eng
Título da fonte: Cadernos Metrópole (Online)
Texto Completo: https://revistas.pucsp.br/index.php/metropole/article/view/56475
Resumo: During the last decade, new global real estate business models have expanded and gradually replaced the traditional landlord-tenant relationship intermediated by local companies. This paper analyzes how real estate production is transformed by financial capital within the context of real estate products directed to investors and rented via digital platforms. Methodologically, the qualitative investigation follows the money that finances real estate startups, known as proptechs, to identify the financial agents involved. The results suggest that real estate financialization continues to occur in construction and development but has now advanced towards occupation intermediated by companies permeated by financial capital. The conclusion is that real estate businesses have become more complex in four waves: financialization, financialdebureaucratization, financial-virtualization, and shared financial-virtualization of real estate occupation.
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spelling End-to-end real estate financialization: from developing to occupying through proptechsFinanceirização imobiliária em dois momentos: da produção à ocupação via proptechs real estate developmentproptechsreal estate investmentvirtualizationfinancializationproptechsinvestimento imobiliáriovirtualizaçãofinanceirizaçãoprodução imobiliáriaDuring the last decade, new global real estate business models have expanded and gradually replaced the traditional landlord-tenant relationship intermediated by local companies. This paper analyzes how real estate production is transformed by financial capital within the context of real estate products directed to investors and rented via digital platforms. Methodologically, the qualitative investigation follows the money that finances real estate startups, known as proptechs, to identify the financial agents involved. The results suggest that real estate financialization continues to occur in construction and development but has now advanced towards occupation intermediated by companies permeated by financial capital. The conclusion is that real estate businesses have become more complex in four waves: financialization, financialdebureaucratization, financial-virtualization, and shared financial-virtualization of real estate occupation.Na última década, proliferaram modelos de negócios imobiliários globais substitutivos da tradicional relação proprietário-locador intermediada por empresas locais. O objetivo deste artigo é analisar como a produção imobiliária é transformada pelo capital financeiro sob a perspectiva dos produtos imobiliários direcionados a investidores com locação comercializada em plataformas digitais. Metodologicamente, a investigação qualitativa segue a “trilha do dinheiro” que financia as startups do setor imobiliário, conhecidas como proptechs, de modo a identificar os agentes financeiros envolvidos. Os resultados apontam que a financeirização imobiliária, além de continuar a ocorrer na construção e na incorporação, avança para a ocupação via empresas permeadas pelo mercado de capitais. Conclui-se que os negócios imobiliários se complexificam em quatro ondas: financeirização, financeiro-desburocratização, financeiro-virtualização e, por fim, financeiro-virtualização compartilhada da ocupação imobiliária.Pontifícia Universidade Católica de São Paulo2021-11-26info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://revistas.pucsp.br/index.php/metropole/article/view/5647510.1590/2236-9996.2022-5305Cadernos Metrópole; Vol. 24 No. 53 (2022): cidades à venda; 119-146Cadernos Metrópole; Vol. 24 Núm. 53 (2022): cidades à venda; 119-146Cadernos Metrópole; Vol. 24 No. 53 (2022): cidades à venda; 119-146Cadernos Metrópole; v. 24 n. 53 (2022): cidades à venda; 119-1462236-99961517-2422reponame:Cadernos Metrópole (Online)instname:Pontifícia Universidade Católica de São Paulo (PUC-SP)instacron:PUC_SPporenghttps://revistas.pucsp.br/index.php/metropole/article/view/56475/38069https://revistas.pucsp.br/index.php/metropole/article/view/56475/38070https://creativecommons.org/licenses/by-nc-nd/4.0info:eu-repo/semantics/openAccessKalinoski, Rafael Procopiuck, Mario 2022-05-22T21:25:01Zoai:ojs.pkp.sfu.ca:article/56475Revistahttps://revistas.pucsp.br/metropolePRIhttps://old.scielo.br/oai/scielo-oai.phpcadernosmetropole@outlook.com||cadernosmetropole@outlook.com2236-99961517-2422opendoar:2022-05-22T21:25:01Cadernos Metrópole (Online) - Pontifícia Universidade Católica de São Paulo (PUC-SP)false
dc.title.none.fl_str_mv End-to-end real estate financialization: from developing to occupying through proptechs
Financeirização imobiliária em dois momentos: da produção à ocupação via proptechs
title End-to-end real estate financialization: from developing to occupying through proptechs
spellingShingle End-to-end real estate financialization: from developing to occupying through proptechs
Kalinoski, Rafael
real estate development
proptechs
real estate investment
virtualization
financialization
proptechs
investimento imobiliário
virtualização
financeirização
produção imobiliária
title_short End-to-end real estate financialization: from developing to occupying through proptechs
title_full End-to-end real estate financialization: from developing to occupying through proptechs
title_fullStr End-to-end real estate financialization: from developing to occupying through proptechs
title_full_unstemmed End-to-end real estate financialization: from developing to occupying through proptechs
title_sort End-to-end real estate financialization: from developing to occupying through proptechs
author Kalinoski, Rafael
author_facet Kalinoski, Rafael
Procopiuck, Mario
author_role author
author2 Procopiuck, Mario
author2_role author
dc.contributor.author.fl_str_mv Kalinoski, Rafael
Procopiuck, Mario
dc.subject.por.fl_str_mv real estate development
proptechs
real estate investment
virtualization
financialization
proptechs
investimento imobiliário
virtualização
financeirização
produção imobiliária
topic real estate development
proptechs
real estate investment
virtualization
financialization
proptechs
investimento imobiliário
virtualização
financeirização
produção imobiliária
description During the last decade, new global real estate business models have expanded and gradually replaced the traditional landlord-tenant relationship intermediated by local companies. This paper analyzes how real estate production is transformed by financial capital within the context of real estate products directed to investors and rented via digital platforms. Methodologically, the qualitative investigation follows the money that finances real estate startups, known as proptechs, to identify the financial agents involved. The results suggest that real estate financialization continues to occur in construction and development but has now advanced towards occupation intermediated by companies permeated by financial capital. The conclusion is that real estate businesses have become more complex in four waves: financialization, financialdebureaucratization, financial-virtualization, and shared financial-virtualization of real estate occupation.
publishDate 2021
dc.date.none.fl_str_mv 2021-11-26
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://revistas.pucsp.br/index.php/metropole/article/view/56475
10.1590/2236-9996.2022-5305
url https://revistas.pucsp.br/index.php/metropole/article/view/56475
identifier_str_mv 10.1590/2236-9996.2022-5305
dc.language.iso.fl_str_mv por
eng
language por
eng
dc.relation.none.fl_str_mv https://revistas.pucsp.br/index.php/metropole/article/view/56475/38069
https://revistas.pucsp.br/index.php/metropole/article/view/56475/38070
dc.rights.driver.fl_str_mv https://creativecommons.org/licenses/by-nc-nd/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by-nc-nd/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Pontifícia Universidade Católica de São Paulo
publisher.none.fl_str_mv Pontifícia Universidade Católica de São Paulo
dc.source.none.fl_str_mv Cadernos Metrópole; Vol. 24 No. 53 (2022): cidades à venda; 119-146
Cadernos Metrópole; Vol. 24 Núm. 53 (2022): cidades à venda; 119-146
Cadernos Metrópole; Vol. 24 No. 53 (2022): cidades à venda; 119-146
Cadernos Metrópole; v. 24 n. 53 (2022): cidades à venda; 119-146
2236-9996
1517-2422
reponame:Cadernos Metrópole (Online)
instname:Pontifícia Universidade Católica de São Paulo (PUC-SP)
instacron:PUC_SP
instname_str Pontifícia Universidade Católica de São Paulo (PUC-SP)
instacron_str PUC_SP
institution PUC_SP
reponame_str Cadernos Metrópole (Online)
collection Cadernos Metrópole (Online)
repository.name.fl_str_mv Cadernos Metrópole (Online) - Pontifícia Universidade Católica de São Paulo (PUC-SP)
repository.mail.fl_str_mv cadernosmetropole@outlook.com||cadernosmetropole@outlook.com
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