Pushing boundaries: Integrating real estate studies into planning scholarship

Abstract

Real estate market dynamics are increasingly taking the center stage of planning scholarship. This shift is driven, among other factors, by unprecedented and global-scale investments in built environments (Robinson et al., 2020), the influence of financial means and actors on urban gov- ernance (Aalbers, 2020), and a strong focus on housing crises in academic and policy imagina- tions (Brill & Raco, 2021). Despite this newfound attention, planning scholarship often does not fully integrate insights from disciplines like real estate studies and as such has faced criticism, such as a limited empirical foundation in understanding real estate processes (Crosby & Henneberry, 2016), a lack of differentiation between various types of developers (Ballard & Butcher, 2019) and investors (€Ozo gul & Tas¸an-Kok, 2020), and an oversimplified perspective on investment decisions made by private sector actors (Raco et al., 2019).[Parte del texto]