Twenty years ago, the geographer David Harvey described London’s redeveloped Docklands as a “landing strip for capital” from investors around the world. Today, Vancouver has joined London, New York, Sydney, and other nodes of a world network of “Hedge Cities” — places to buy real estate to store capital as insurance against an uncertain future. How are cities and public policy reshaped by a world of transnational investment?
I’m looking forward to speaking at The Hedge City Event in Vancouver in September about global real estate Australasia.