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INCORPORATION IN THE FORM OF HORIZONTAL CONDOMINIUMS IN THE METROPOLITAN REGION OF FORTALEZA, BRAZIL

Abstract

With the creation of the Real Estate Financing System (SFI) in 1998, the real estate sector in Brazil underwent structural changes. Among the main ones is the strong capitalization of the big developers through the initial public offering on the stock market which allowed the expansion of the real estate development throughout Brazil. Brazilian regions that have historically had low price of land per m2 and reduced solvable demand started to receive new ventures, even in peripheral areas with deficient infrastructure, showing suburbanization. Thus, an understanding of urbanization as a political economy of space allows an analysis of the increasingly tenuous proximity between urban space and financial capital, as well as the fetishes involved.

Key words:
Real estate sector; Urbanization; Political economy; Urban society

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