The Canary Wharf debacle: from TINA - there is no alternative - to THEMBA - there must be an alternative

Auteur :
MERRIFIELD, A.

Description :
The recent failure of this project at London Docklands in the wake of the financial collapse of Canadian property giant, Olympia and York, is critically examined. The development of the financial sector has rendered commercial real estate a pure financial asset. This mechanism spurred the speculation and overinvestment in the property sector. Investment activities were further catalysed by the urban and economic policy that endorsed market-driven, speculative short-term practices.


Type de document :
Article de périodique

Source :
Environment and planning A, issn : 0308-518X, 1993, vol. 25, n°. 9, p. 1247-1265, Références bibliographiques : 2 p.

Date :
1993

Editeur :
Pays édition : Royaume-Uni, London, Pion