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  1. 1 European Spatial Research and Policy

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  1. 1 Nagy G.

  2. 1 Pósfai Z.

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  1. 1 2017

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Crisis and the Reproduction of Core-Periphery Relations on the Hungarian Housing Market

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Pósfai Z., Nagy G.
European Spatial Research and Policy
|
2017
|
vol. 24
|
issue 2
17-38
EN
Housing markets can be understood as indicators of the spatial pattern of capital investment under contemporary financial capitalism. We take this point of entry in order to analyze core-periphery relations around the turning point of the global financial crisis of 2007–2008 on the Hungarian housing market. The instance of crisis sheds light on patterns of homogenization and differentiation; the effects of which can be understood by exploring housing market activity on various scales from the European to the local/regional. We argue that these two patterns of uneven development are inextricably linked and result in deepening sociospatial polarization.
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