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Real estate dynamics in neighborhoods adjacent to downtown Porto Alegre, state of Rio Grande do Sul

Abstract

Urban transformations resulting from the housing financialization process have influenced the spatial dynamics of Brazilian metropolises. Since then, sectors of large Brazilian cities with land that can be used for developing new real estate products or susceptible to urban upgrading projects have become the target of intensive actions by real estate developers. Investments in infrastructure that have integrated the State’s social interest projects into areas unattractive to real estate capital have contributed to similar actions. The article aims to discuss the action of the real estate sector in the IV District of Porto Alegre between 2007 and 2016 by understanding the effects of real estate arrangements on housing space and on the current attempt to re--signify this sector.

neighborhoods adjacent to the downtown area; financialization; real estate sector dynamics; urban restructuring

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