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      A Sociology of Real Estate: Polanyi, Du Bois, and the Relational Study of Commodified Land in a Climate-Changed Future

      1 , 2 , 3
      Annual Review of Sociology
      Annual Reviews

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          Abstract

          Real estate plays an essential part in various sociological theories of political economy, state capacity, racecraft, stratification, and urbanization. However, since foundational insights about the novelty of commodified, emplaced private property from theorists like Du Bois and Polanyi, these disparate threads have not been tied together into a coherent field of study. Here, we review three areas of recent scholarship relevant to understanding real estate—the political economy of place, property rights, and financialization—in order to draw out key insights from each. Overall, the political-economic and socio-legal aspects of real estate have been well-studied, but contemporary research has been limited by its parochialism. We argue that for a sociology of real estate to move forward, it must take a broader, more relational perspective; must become more international; and must confront the climate crisis—and that Polanyi's and Du Bois's contributions can be effectively mobilized toward these ends.

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            Towards a new epistemology of the urban?

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              The financialization of the American economy

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                Author and article information

                Journal
                Annual Review of Sociology
                Annual Reviews
                0360-0572
                1545-2115
                August 12 2024
                August 12 2024
                : 50
                : 1
                : 365-383
                Affiliations
                [1 ]1Department of Sociology, University of Wisconsin-Madison, Madison, Wisconsin, USA; email: besbris@wisc.edu
                [2 ]2Department of Sociology, Princeton University, Princeton, New Jersey, USA
                [3 ]3Department of Sociology, University of California, Santa Cruz, California, USA
                Article
                10.1146/annurev-soc-033022-035124
                c633fec8-d9e3-4943-9052-87983f2c5399
                © 2024

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

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