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Finanziarizzazione e mercati urbani in chiave di low geopolitics: considerazioni sul caso Milano

Alberto Bortolotti, Matteo Bolocan Goldstein

Abstract


Abstract

Financialization and Urban Markets through the Lens of Low Geopolitics: Reflections on the Case of Milan

The financialization of real estate has reshaped global financial geographies, clustering investments in major cities following low geopolitics strategies. This study explores the nexus between financialization and hegemony from the angle of the Milanese real estate dynamics, where sovereign and institutional funds have driven capital flows into its market, amplifying global players’ influence and highlighting the city’s dependence on global investments. Using a qualitative approach, it examines such investment trends, literature, and local-global-actor interactions. The findings show how financialization shapes low geopolitics and city diplomacy practices affecting real estate markets and call for further research on the geopolitical role of the State within such a complex phenomenon.


Keywords


financialization; urban development; real estate markets; low geopolitics; finanziarizzazione; sviluppo urbano; mercati immobiliari; Milano; low geopolitics; finanziarizzazione; sviluppo urbano; mercati immobiliari; Milano; low geopolitics

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DOI: https://doi.org/10.7358/gn-2025-001-bobo

Copyright (©) 2025 Alberto Bortolotti, Matteo Bolocan Goldstein – Editorial format and Graphical layout: copyright (©) LED Edizioni Universitarie

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