Governing investors and developers: Analysing the role of risk allocation in urban development
Governing investors and developers: Analysing the role of risk allocation in urban development
复制标题
治理投资者和开发商：分析风险分配在城市发展中的作用
作者：
Frances Brill
本文认为，城市治理，以及它的学术理论，都集中在真实的房地产开发商的角色和战略，在了解投资者是如何塑造监管环境的代价。相比之下，在伦敦的私人租赁住房（建租）的机构投资的情况下，在这篇文章中，我认为，拆包的私营部门和发展过程中，有助于揭示不同类型的风险，需要多样化的反应，从真实的房地产行业。在这样做的过程中，我展示了在城市发展，特别是住房供应的私营部门的复杂性，以及在讨论规划决策时，围绕支持和反对发展叙事的二元概念化的局限性。相反，我展示了私营部门内部的反应的多样性，以及这些反应如何反映特定的风险管理方法。揭示这一点有助于理论化管理住房系统的复杂性，并展示了未来基于风险的城市治理分析的潜力。
This article argues that urban governance, and academic theorisations of it, have focused on the role and strategies of real estate developers at the expense of understanding how investors are shaped by regulatory environments. In contrast, using the case of institutional investment in London’s private rental housing (Build to Rent), in this article I argue that unpacking the private sector and the development process helps reveal different types of risk which necessitate variegated responses from within the real estate sector. In doing so, I demonstrate the complexities of the private sector in urban development, especially housing provision, and the limitations of a binary conceptualised around pro- and anti-development narratives when discussing planning decisions. Instead, I show the multiplicity of responses from within the private sector, and how these reflect particular approaches to risk management. Uncovering this helps theorise the complexities of governing housing systems and demonstrates the potential for risk-based urban governance analysis in the future.