Open AccessReal estate markets and urban networks in Brazil
Author(s) -
Renan Pereira Almeida,
Fábio Henrique Florindo Amano,
Igor Santos Tupy
Publication year - 2022
Publication title -
revista brasileira de estudos urbanos e regionais
Language(s) - English
Resource type - Journals
eISSN - 2317-1529
pISSN - 1517-4115
DOI - 10.22296/2317-1529.rbeur.202208en
Subject(s) - real estate , suburbanization , economic geography , business , residential real estate , economies of agglomeration , market segmentation , geography , economics , economic growth , finance , metropolitan area , marketing , archaeology
Real estate markets reveal aspects regarding the urban-regional network of a country and the possibilities for the development of this network in a polycentric manner. Using an unprecedented database, this article investigates the real estate markets in second-, third- and fourth-tier metropolises in Brazil. It explores the variability and creates typologies of real estate markets in a group of selected metropolises – Brasília, Belo Horizonte, Salvador, Florianópolis and Vitória – using multivariate analysis methods. The results indicate high levels of market segmentation, shed light on the suburbanization processes versus the presence of strong city centers, and raise concerns regarding the affordability of housing in some municipalities. Within each agglomeration, real estate markets vary substantially, indicating a high level of social segregation; among them, there are intriguing similarities, indicating how the residential and commercial locations are (re) produced in a relatively generic manner in Brazil.