Capital City: Gentrification and the Real Estate State

Capital City: Gentrification and the Real Estate State

“This superbly succinct and incisive book couldn’t be more timely or urgent.” —Michael Sorkin, author of All Over the Map

Our cities are changing. Around the world, more and more money is being invested in buildings and land. Real estate is now a $217 trillion dollar industry, worth thirty-six times the value of all the gold ever mined. It forms sixty percent of global assets, and one of the most powerful people in the world—the president of the United States—made his name as a landlord and developer.

Samuel Stein shows that this explosive transformation of urban life and politics has been driven not only by the tastes of wealthy newcomers, but by the state-led process of urban planning. Planning agencies provide a unique window into the ways the state uses and is used by capital, and the means by which urban renovations are translated into rising real estate values and rising rents.

Capital City explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.

Title:Capital City: Gentrification and the Real Estate State
Edition Language:English
ISBN:9781786636393
Format Type:

    Capital City: Gentrification and the Real Estate State Reviews

  • Michael

    Succinct and well researched, Capital City forcefully critiques neoliberal urban planning in New York. Writer and city planner Samuel Stein first takes a wide-ranging look at the history of discrimina...

  • Michelle

    In "Capital City", Sam Stein has produced an accessible and readable socialist account of real estate development and urban politics. He explains in straight-forward terms why real estate owners and d...

  • Rob Smith

    I fucking hate hearing about New York City. Most of the country doesn't live in these AAA, rich-as-Crassus cities, and NYC has a particular complex political/economic/social eco-system. A lot of the e...

  • Conor Ahern

    This book is excellent. I was far too sanguine about urban liberal "things" like city planning, BIDs, TIFs, etc.--the helpmeets of the young technocrat who thinks that cities are the apotheosis of man...

  • Matt Alexander

    This is a very left-oriented critique of the planning profession, and as a planner, I can't really argue against any of the points made. I would say that the book reads a bit like a very long shit-pos...

  • Aarav Balsu

    As someone who is quite uninformed about the intricacies of real-estate and urban planning, I found this book tremendously eye-opening. The book is broadly divided into: - what is urban planning? - ho...

  • Jeff

    Sam Stein clearly and articulately lays out how and why our cities are gentrifying because of real estate being the most powerful force in the world's economy. With crazy rents, rich people and develo...

  • Mehrsa

    This book is a short polemic against city developers--it's an important critique, but there isn't enough substance here. It's more a jumbled mess of ideas and theories (neoliberalism, capitalism, labo...

  • Steffi

    ‘Capital City - Gentrification and the Real Estate State’ by Samuel Stein (VERSO, 2019) is an exceptionally interesting read on the origins of the ‘real estate state’ and an urban geography of...

  • Chad

    A very good overview on how cities and the real estate industry work together to create overpriced, gentrifying and untenable places for tenants to live. Samuel Stein is an urban planner by trade, and...