Financialization of the real estate sector and costly access to low-income housing

Resumo

This article examines how the financialization of the real estate sector has increasingly undermined access to housing for low-income populations in Brazil by driving up urban and peri-urban land prices and, consequently, rental housing costs. To investigate this process, the study has adopted a historical-institutional approach informed by oligopoly theory. The analysis has revealed: (i) how the financialization of the real estate sector has reinforced the concentration of land acquisition and property development among a small number of large corporations; (ii) how this concentration has intensified barriers to housing access for low-income populations; (iii) the limitations of existing land policies in addressing these challenges; and (iv) the extent to which rising real estate prices have prompted alternative effective and socially sustainable policy interventions in other national contexts . The findings suggest that ensuring equitable access to housing requires active State intervention to regulate the oligopolistic dynamics of real estate markets and mitigate the exclusionary effects of financialization.

Ficha do documento

Tipo

Artigo científico

Ano

2026

Instituição

ANPUR

Fonte

Revista Brasileira de Estudos Urbanos e Regionais

Idioma

Inglês

Acesso

Não informado

DOI

10.22296/2317-1529.rbeur.202625en

Identificador

oai:ojs.rbeur.anpur.org.br:article/8465

Licença

http://creativecommons.org/licenses/by/4.0

Temas

Planejamento Urbano

Palavras-chave

Reestruturação EconômicaMercado ImobiliárioPolíticas HabitacionaisPolítica FundiáriaDireito à CidadeEconomic RestructuringReal Estate MarketHousing PoliciesLand PolicyRight to the City