The Commodification Gap: Gentrification and Public Policy in London, Berlin and St. Petersburg

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THE COMMODIFICATION GAP

‘In an elegant and careful theoretical analysis, this book demonstrates how gentrification is always entwined with institutions and distinctive contextual processes. Matthias Bernt develops a new concept, the “commodification gap”, which is tested in three richly researched cases. With this, the concept of gentrification becomes a multiplicity and the possibility of conversations across different urban contexts is expanded. A richly rewarding read!’

―Jennifer Robinson, Professor of Human Geography, University College London, UK

‘Urban studies has reached a stalemate of universalism versus particularism. Matthias Bernt is breaking out of this deadlock by being very precise about what exactly is universal and what is not – and how one can conceptualize both. The Commodity Gap is a key contribution to not only gentrification studies, but also to comparative urbanism and urban studies at large.’

―Manuel B. Aalbers, Division of Geography & Tourism, KU Leuven, Belgium

The Commodification Gap provides an insightful institutionalist perspective on the field of gentrification studies. The book explores the relationship between the operation of gentrification and the institutions underpinning - but also influencing and restricting - it in three neighborhoods in London, Berlin and St. Petersburg. Matthias Bernt demonstrates how different institutional arrangements have resulted in the facilitation, deceleration or alteration of gentrification across time and place.

The book is based on empirical studies conducted in Great Britain, Germany and Russia and contains one of the first-ever English language discussions of gentrification in Germany and Russia. It begins with an examination of the limits of the widely established “rent-gap” theory and proposes the novel concept of the “commodification gap.” It then moves on to explore how different institutional contexts in the UK, Germany and Russia have framed the conditions for these gaps to enable gentrification. The Commodification Gap is an indispensable resource for researchers and academics studying human geography, housing studies, urban sociology and spatial planning.

Author(s): Matthias Bernt
Series: IJURR Studies in Urban and Social Change Book Series
Publisher: Wiley
Year: 2022

Language: English
Pages: 273
City: Hoboken

Cover
Title Page
Copyright Page
Contents
List of Figures
List of Tables
Series Editors’ Preface
Preface
CHAPTER 1 Introduction
Gentrification Between Universality and Particularity
How to Compare? Why Compare?
Concepts and Causation
Design of this Study
Notes
CHAPTER 2 Why the Rent Gap isn’t Enough
Where the Rent Gap Works Well
Where the Rent Gap Falls Short
When and Why does Capital Flow?
At Which Scale is the Rent Gap Positioned?
Which Rent?
Property as Control?
How is the Rent Gap Realised?
Embedding Gentrification
Economy, Society and States
The Commodification Gap
Notes
CHAPTER 3 Three Countries, Three Housing Systems
The British Experience
From Private Landlordism to a Dual Market
The Thatcherite Revolution
New Labour: More of the Same?
Austerity and New ‘Class War Conservatism’ Under the Coalition Government
Conclusion: Neoliberalism, Tenurial Transformation and Gentrification
The German Experience
From the Controlled Housing Economy to the Lücke Plan
The Design of Tenant Protections
The Conservative Wende
Reunification and Neoliberal Consensus
Conclusion: Gentrification Between Regulation and Deregulation
The Russian Experience
Housing in the Soviet Union
From Shock Therapy to Failing Markets21
Restricted State Capacities and Opportunity Planning
Conclusion: Gentrification in a Dysfunctional Market
State Intervention in Housing: Setting the Parameters for Gentrification
Notes
CHAPTER 4 Barnsbury: Gentrification and the Policies of Tenure
The Making of Early Gentrification
The Right to Buy: Pouring Fuel on the Fire
The New Economy of Gentrification
Capital Gains Instead of Owner-Occupation
Penalty Renting
From Value Gap to Super-gentrification
Notes
CHAPTER 5 Prenzlauer Berg: Gentrification Between Regulation and Deregulation
From Plan to Market
Rolling out the Market, Weakening Public Control
Since 2000: Privately Financed Refurbishments, Condominium Boom and No Regulation
New Build Gentrification and Energy Efficient Displacement
Between Deregulation and Re-regulation
Gentrification with Brakes?
Notes
CHAPTER 6 Splintered Gentrification: St Petersburg, Russia1
Unpredictable Regeneration Schemes
World Heritage vs. Gentrification
The Dissolution of Kommunalki Flats
State-run Repair and Renewal
Pro and Contra Gentrification
Notes
CHAPTER 7 The Commodification Gap
Universality vs. Particularity Revisited
Gentrification and Decommodification
Meeting the Challenge: New Directions for Research and Politics
Notes
Appendix A Compulsory Purchase in Barnsbury
Appendix B Residents in NS-SeC Classes 1 and 2
References
Index
EULA