The global rent gap of Lisbon's historic centre

Detalhes bibliográficos
Autor(a) principal: Lestegás, Iago
Data de Publicação: 2018
Outros Autores: Lois-González, Rubén Camilo, Seixas, João
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://doi.org/10.2495/SDP-V13-N4-683-694
Resumo: UID/SOC/04647/2013
id RCAP_d1aa3dabb823190614a0642926f5fde5
oai_identifier_str oai:run.unl.pt:10362/65042
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling The global rent gap of Lisbon's historic centreAusterityEurozoneGentrificationHousingPublic policyUrban commodificationGeography, Planning and DevelopmentRenewable Energy, Sustainability and the EnvironmentManagement, Monitoring, Policy and LawSDG 7 - Affordable and Clean EnergySDG 11 - Sustainable Cities and CommunitiesUID/SOC/04647/2013This work deals with the ongoing commodification of Lisbon's historic centre under the pressure of mass tourism and transnational real estate investment. It applies a case-study research methodology combining the quantitative analysis of statistical data on relevant socioeconomic indicators with qualitative tools such as direct observation and structured interviews with key stakeholders. In the context of crisis and austerity, and taking into account the Portuguese financial dependency and peripherality within the Eurozone, this work argues that the rent gap triggering the current transformation of Lisbon's historic centre owes much to the global gap between purchasing powers on the internal and the external markets. With the former strangled by austerity policies that have impoverished the Portuguese society, the dramatic rise of housing prices in Lisbon's historic centre is a consequence of the expansion of demand on wealthier external markets, encouraged and guaranteed by an investor-friendly legal framework implemented in the context of the crisis. This policy set includes the new urban lease law, the non-regular resident tax regime, the Golden Visa programme, the special fiscal framework for the local accommodation business, and the tax breaks for real estate funds and refurbishment initiatives. Despite its undisputed success in bringing foreign investment and stimulating the rehabilitation of derelict properties in Lisbon's historic centre, this legal framework has triggered gentrification. Real estate prices are pushed above the financial capacity of most local households, and an enclave-type exploitation of the housing stock emerges in Lisbon's historic centre that jeopardizes the former's access to housing in that territory and in its immediate surroundings. However, grassroots movements and social initiatives advocating affordable housing and the right to the city have emerged in Lisbon.Departamento de Geografia e Planeamento Regional (DGPR)Centro Interdisciplinar de Ciências Sociais (CICS.NOVA - NOVA FCSH)RUNLestegás, IagoLois-González, Rubén CamiloSeixas, João2019-03-29T23:20:31Z2018-01-012018-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article12application/pdfhttps://doi.org/10.2495/SDP-V13-N4-683-694eng1743-7601PURE: 12343090http://www.scopus.com/inward/record.url?scp=85049300654&partnerID=8YFLogxKhttps://doi.org/10.2495/SDP-V13-N4-683-694info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:30:55Zoai:run.unl.pt:10362/65042Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:34:15.218046Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The global rent gap of Lisbon's historic centre
title The global rent gap of Lisbon's historic centre
spellingShingle The global rent gap of Lisbon's historic centre
Lestegás, Iago
Austerity
Eurozone
Gentrification
Housing
Public policy
Urban commodification
Geography, Planning and Development
Renewable Energy, Sustainability and the Environment
Management, Monitoring, Policy and Law
SDG 7 - Affordable and Clean Energy
SDG 11 - Sustainable Cities and Communities
title_short The global rent gap of Lisbon's historic centre
title_full The global rent gap of Lisbon's historic centre
title_fullStr The global rent gap of Lisbon's historic centre
title_full_unstemmed The global rent gap of Lisbon's historic centre
title_sort The global rent gap of Lisbon's historic centre
author Lestegás, Iago
author_facet Lestegás, Iago
Lois-González, Rubén Camilo
Seixas, João
author_role author
author2 Lois-González, Rubén Camilo
Seixas, João
author2_role author
author
dc.contributor.none.fl_str_mv Departamento de Geografia e Planeamento Regional (DGPR)
Centro Interdisciplinar de Ciências Sociais (CICS.NOVA - NOVA FCSH)
RUN
dc.contributor.author.fl_str_mv Lestegás, Iago
Lois-González, Rubén Camilo
Seixas, João
dc.subject.por.fl_str_mv Austerity
Eurozone
Gentrification
Housing
Public policy
Urban commodification
Geography, Planning and Development
Renewable Energy, Sustainability and the Environment
Management, Monitoring, Policy and Law
SDG 7 - Affordable and Clean Energy
SDG 11 - Sustainable Cities and Communities
topic Austerity
Eurozone
Gentrification
Housing
Public policy
Urban commodification
Geography, Planning and Development
Renewable Energy, Sustainability and the Environment
Management, Monitoring, Policy and Law
SDG 7 - Affordable and Clean Energy
SDG 11 - Sustainable Cities and Communities
description UID/SOC/04647/2013
publishDate 2018
dc.date.none.fl_str_mv 2018-01-01
2018-01-01T00:00:00Z
2019-03-29T23:20:31Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://doi.org/10.2495/SDP-V13-N4-683-694
url https://doi.org/10.2495/SDP-V13-N4-683-694
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 1743-7601
PURE: 12343090
http://www.scopus.com/inward/record.url?scp=85049300654&partnerID=8YFLogxK
https://doi.org/10.2495/SDP-V13-N4-683-694
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv 12
application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799137963753340928

Registros relacionados