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Social Movements against Housing Financialization

Changing Social Movements in Lisbon? Housing Financialisation and Post-pandemic Activism

During the last decade, following years of austerity and rapid growth driven by tourism, real estate, and external investment, Lisbon has become a paradigmatic case of the financialisation/crisis nexus in the housing field. The simultaneous emergence and growth of social movements for the right to housing has been widely documented, with some accounts focusing on anti-financialisation struggles. In this article, we present the repertoires and claims of four activist groups and platforms born between 2022 and 2023 and discuss how Portuguese social movements are contending with the increasing centrality of financialisation in housing. In sum, we present three broad patterns of rescaling – intersectionality, internationalisation, and relations with political parties – in relation to the general endeavour to build a mass movement.

21.6.2024 | Luís Mendes, Simone Tulumello | Volume: 11 | Issue: 1 | Pages: 115-126 | 10.13060/23362839.2024.11.1.569
Social Movements against Housing Financialization

Fractured Mobilization: Miami’s Little Haiti Confronts Mega-Real Estate Speculation

Disenfranchised urban communities worldwide are increasingly vulnerable to land dispossession and cultural erasure as neoliberal regimes unleash intensified financial speculation within polarizing and splintering local/global class and racialized disparities. A dilemma of disenfranchised communities when confronting speculative intrusions where prospective allies have become marginalized or eliminated is whether, and to what degree, to resist such threats contentiously at the risk of zero-sum defeat versus accommodative negotiations seeking to rescue modest benefits while mitigating dislocations. The forms and intensities of community responses can be conceptualized as embedded within multiscalar state society and local politico-spatial configurations. From that perspective, I address a predominantly Black immigrant district, Miami’s Little Haiti, as it confronts mega-real estate speculation within a metropolitan political economy of corporate real estate hegemony and accelerating racialized expulsions. The contentious versus accommodative dilemma and local/supralocal political landscape fractured and neutralized the Haitian collective responses. I conclude by discussing the case’s theoretical/comparative implications.

20.6.2024 | Richard Tardanico | Volume: 11 | Issue: 1 | Pages: 127-136 | 10.13060/23362839.2024.11.1.570
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