Financial Bubbles, Real Estate Bubbles, Derivative Bubbles, and the Financial and Economic Crisis

Chapter 4 begins by noting that contemporary discourse on the economic crisis is profoundly shaped by the language of horror and fear. To understand why, this chapter turns to four post-crisis horror films that explicitly link fear, foreclosure, and financialized credit: Drag Me to Hell (dir. Sam Raimi), Dream Home (dir. Pang Ho-cheung), Mother’s Day (dir. Darren Lynn Bousman), and Crawlspace (dir. Josh Stolberg). All four films take up real estate lending, mortgage speculation, and foreclosure risk and locate horror in the “dead pledge” of the mortgage. Using horror and the home-invasion genre to explore the shifting understandings of ownership consequent to the housing crisis, these films frighteningly literalize the doctrine of caveat emptor. Exploring the relationship between “paying back” and “payback,” they suggest that introduction of speculative risk has shifted the social force of credit contracts from the promise of trust to the threat of revenge.

Download Full-text

Residential tourists and the half-life of European cosmopolitanism in post-crisis Spain

Journal of Sociology ◽

10.1177/1440783316639152 ◽

2016 ◽

Vol 53 (1) ◽

pp. 217-230 ◽

Cited By ~ 4

Author(s):

Max Holleran

Keyword(s):

European Union ◽

Real Estate ◽

Urban Development ◽

Economic Crisis ◽

Half Life ◽

Ethnographic Research ◽

Eu Integration ◽

Real Estate Sector ◽

Home Construction ◽

Social Europe

This article examines British homeowners in Spain after the 2008 economic crisis and their struggles to navigate Spain’s troubled real estate sector. It argues that foreign residents previously embraced European cosmopolitanism but disputes over illegal home construction soured their opinion of European Union (EU) integration. Using ethnographic research and interviews, the article shows how these homeowners contested the idea that EU cohesion policies produced uniform legal systems related to housing and urban development. It also shows that while cosmopolitanism was often spurred at the level of formal politics, cosmopolitan ‘practices’ were subtly endorsed to delineate between those who had agency, and were successfully dealing with the crisis, and those who seemed to be floundering. The article confirms contemporary studies of EU regional polarization and the stalled project of creating ‘social Europe’, while showing how personal conceptions of mobility are highly linked to class.

Download Full-text

A New Way Of Investing On The Agricultural Real Estate Market In Poland

Real Estate Management and Valuation ◽

10.2478/remav-2014-0001 ◽

2014 ◽

Vol 22 (1) ◽

pp. 1-8

Author(s):

Jarosław Szreder ◽

Piotr Walentynowicz

Keyword(s):

Real Estate ◽

Housing Market ◽

Economic Crisis ◽

Capital Investment ◽

Real Estate Market ◽

Joint Stock Company ◽

Stock Company ◽

Big Cities

Abstract When compared to other segments of the market, the agricultural real estate market is a completely different world. While there have been possibilities to observe price corrections over the recent years of the economic crisis, e.g., on the housing market in big cities, on the market of holiday apartments or building plots, the agricultural real estate market remains stable in relation to prices. The average transactional prices of agricultural real properties are gradually growing, and the number of purchase transactions is continuously increasing. Based to the above mentioned trends, the author of the present paper put forward the thesis that investing in agricultural real properties is economically justified during times of economic crisis. One of the best forms of capital investment is that of a limited joint-stock company (S.K.A.).

Download Full-text

Protection of Rights of a Secured Creditor, Resident of the Russian Federation, in Bankruptcy of a Cyprus Company

JURIST ◽

10.18572/1812-3929-2021-5-56-60 ◽

2021 ◽

Vol 5 ◽

pp. 56-60

Author(s):

Artem L. Komolov ◽

Keyword(s):

Real Estate ◽

Economic Crisis ◽

Russian Federation ◽

Legal Entity ◽

The Russian Federation

The article considers a situation in which a Cyprus company is in an economic crisis, and the claims of one of its creditors, a Russian legal entity, are secured by a pledge of real estate located on the territory of the Russian Federation. The author reveals what rights such a creditor has and which are better used to protect creditor’s property interests.

Download Full-text

Modifying the marketing strategy to reinforce the economic security of managing companies

National Interests Priorities and Security ◽

10.24891/ni.17.3.585 ◽

2021 ◽

Vol 17 (3) ◽

pp. 585-604

Author(s):

Sergei B. ZAINULLIN ◽

Ol'ga A. ZAINULLINA

Keyword(s):

Comparative Analysis ◽

Real Estate ◽

Marketing Strategy ◽

Economic Crisis ◽

Consumer Demand ◽

Economic Security ◽

Technological Operation ◽

Current Crisis ◽

Scientific Papers ◽

Real Estate Management

Subject. The 2020 economic crisis and the coronavirus pandemic put the economic security of some companies, sectors and markets at stake, including the housing and utility sector. Lowering the threat is the reason why managing companies’ strategies are modified. Objectives. We review needs of various consumers changing during the current crisis, analyze new opportunities. The article also discusses the possible modification of the marketing strategy. Methods. The study is based on methods of analysis, synthesis, forecasting. Preparing for the study, we referred to analytical reviews, scientific papers, proceedings of scientific conferences, sectoral editions. Results. We conducted the comparative analysis of segments and types of managing companies’ activities and outlined recommendations for modifying the strategy of managing companies. Conclusions and Relevance. The COVID-19 pandemic considerable reshaped the consumer demand across various segments (В2В, В2С, В2G)and activities, such as real estate management, technological operation, cleaning. Following the findings of the study, we make suggestions for modifying the strategy of marketing companies.

Download Full-text