The SAGE Key Concepts series provides students with accessible and authoritative knowledge of the essential topics in a variety of disciplines. Cross-referenced throughout, the format encourages critical evaluation through understanding.
Written by experienced and respected academics, the books are indispensable study aids and guides to comprehension.
Key Concepts in Urban Studies:
Clearly and concisely explains the basic ideas in the interdisciplinary field of urban studies; Offers concise discussions of concepts ranging from community, neighbourhood, and the city to globalization, the New Urbanism, feminine space, and urban problems; Constitutes a re-examination of the key ideas in the field; Is illustrated throughout with international examples; Provides an essential reference guide for all students and teachers across the urban disciplines within sociology, political science, planning and geography.
The Chicago School
The resource, housing, is commodified and allocated by real estate markets in capitalist societies (see entry on Real Estate). There is a market for rental, private home and commercial real estate. Under capitalism, the type and quality of housing that can be acquired depends, like any other commodity, on the ability of the purchaser to pay the market determined cost of shelter. As with all consumer purchases, there are also loan-granting institutions available that will aid in the acquisition of goods by providing money in return for interest. In the case of private housing in the US however, the institutional framework for the provision of loans, or mortgages, is quite complicated and is regulated by the government, in addition to the usual regulation of the banking industry as a whole. Yet, the fundamental restraints remain ...