publication . Research . 2017

The clash of rural-urban migrants and real estate investors on Phnom Penh's housing market: Prospects for garment workers

Buttmann, Vera;
Open Access English
  • Published: 01 Jan 2017
  • Publisher: Berlin: Hochschule für Wirtschaft und Recht Berlin, Institute for International Political Economy (IPE)
Abstract
Housing markets of large cities around the world, particularly in so-called developing and emerging countries, are currently experiencing a clash: On the one hand, large numbers of labour migrants arrive from rural areas and need cheap rental housing. On the other hand, international real estate investment, particularly in the upper market segment, is strong. The resulting mismatch of housing demand and supply increases segregation, marginalises the vulnerable and leads to massive urban development problems. Phnom Penh illustrates this particularly well: Along with Cambodia's rapid globalisation in the last decades, hundreds of thousands of migrants, particularl...
Subjects
free text keywords: F63, F66, L67, R21, R23, R28, R31, R38, housing, real estate investment, entrepreneurial city, urbanisation, ruralurban migration, migrant workers, garment industry, ddc:330
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