everyday speculation
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Everyday land speculation without production in state-led urbanization: The case of Indonesia’s new capital city
CASAS’ member Bosman Batubara has published this paper with Kei Otsuki, Femke Van Noorloos & Michelle Kooy in Environment and Planning A: Economy and Space. Abstract: Indonesia’s new capital city construction is inducing state-led urbanization in the absence of private investments. Reports show the impacts of this process as a rapid land price increase and…