Old Middlesex Hospital building site, Fitzrovia

Shadows of Gentrification: Why we need to know who owns our cities

"The term 'gentrification' does not quite capture the massive changes that have been happening in a growing number of cities worldwide in the last few years"

Investment in urban land is on the rise, but motives behind it have moved away from practical needs and wants, towards shell companies’ desires to store wealth. We need to know who owns our global cities, argues Columbia University’s Saskia Sassen, author of classic academic works on global cities and economic development…

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Saskia Sassen is Robert S. Lynd Professor of Sociology at Columbia UniversityThe Conversation

She is the author of books including Expulsions: Brutality and Complexity in the Global Economy and The Global City: New York, London, Tokyo

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