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- Convenors:
-
Peter Lockwood
(University of Manchester)
Hannah Elliott (Copenhagen Business School)
Alice Pearson (European University Institute)
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- Discussant:
-
Hadas Weiss
(Centro em Rede de Investigação em Antropologia (CRIA))
- Format:
- Panel
- Location:
- Peter Froggatt Centre (PFC), 03/012
- Sessions:
- Friday 29 July, -
Time zone: Europe/London
Short Abstract:
In the context of intensified asset accumulation and 'rentier economies', this panel aims to explore how diverse actors across the globe engage with the rush to secure familiar and novel forms of property and the significance of property acquisition as a temporal practice.
Long Abstract:
Across the globe, the acquisition and monopolisation of property has become central to dynamics of capitalism - what Brett Christophers has described as a 'rentier economy', the generation of profit from precious assets by wealthy companies and individuals. In times of crisis, amidst growing anxiety about scarcity, the rush for exclusive ownership of assets and resources has intensified. Whilst the UK's post-pandemic housing market has been called a 'race for space', in eastern Africa Kenyans speak of a 'gold rush' on land. The rush is not the domain of the elite alone; ordinary people, sometimes propelled by anxieties about elite accumulation, are among those scrambling to 'muscle in' on rentier economies, acquiring and investing in property as a practice of speculation. This panel will explore how diverse actors across the globe collectively and individually engage with the rush to secure exclusive ownership of familiar as well as novel forms of property, including from what has traditionally been considered commons. In particular, we invite submissions that consider the significance of property acquisition and maintenance as a temporal practice which involves judgements about time, including the timing of the acquisition itself, as well as being inherently future-oriented. Whilst property often remains central to aspirations for long-term security and permanence, the panel aims to direct further attention to the acquisition and maintenance of property as an uncertain and open temporal horizon and its transformational effects on livelihoods, identities and social relations.
Accepted papers:
Session 1 Friday 29 July, 2022, -Paper short abstract:
This paper examines the temporal politics and moralities of property making amid the rush for land in northern Kenya and uncertainty regarding future land ownership, reform, registration and titling.
Paper long abstract:
Having long been considered a backwater region lacking economic potential, northern Kenya has recently been reimagined as a new frontier for economic growth. Land shortage in central Kenya and assumptions about unused, empty land in the north’s pastoralist commons have been key to this shift, and have propelled a speculative rush for land amid uncertainty about prospective land reform, registration and titling, in particular around the town of Isiolo. This paper follows ordinary Isiolo residents at the forefront of this rush as they went about what I term ‘propertying’: collective and individual practices of claiming exclusive ownership of plots of land. Propelled by anxieties of dispossession, displacement and of others getting there first, propertying was a form of temporal agency – of acting on an anticipated future. The paper focuses on the complex temporal politics and moralities of propertying within this speculative economy. Propertying was a means of securing a place in the future, while also fulfilling forward-moving temporal aspirations of development and propriety. Yet displays of excessive agency with regard to propertying could arouse suspicion and concerns about misfortune, ultimately sending residents backwards. This came to temper and shape how residents went about their propertying as they strove to secure inclusion in the future city.
Paper short abstract:
This article examines home presales – the selling of future residential properties – at the urban fringe of Nanjing, China. It argues for an analytical focus on urgency as a temporal quality that facilitates urban accumulation and creates the local property market.
Paper long abstract:
This article examines home presales – the selling of future residential properties – at the urban fringe of Nanjing, China. It argues for an analytical focus on urgency as a temporal quality that creates the local housing market and facilitates urban accumulation. I examine how urgency, grounded in a linear imagination of urban development, motivates home presales for developers, estate agents, and homebuyers. In particular, to speed up the turnaround time of investment, developers conjure up a vision of prosperity by building extravagant sales centers to organize home presales. Estate agents working at the sales center organize promotional events to attract, register, and manage a buying crowd. If properly managed, the buying crowd could reach the size of a festival-like presale, whereby hundreds of apartments are sold within one day. Capital at the urban fringe accumulates through the synchronization of these activities in which the sales center crafts an affective temporality of transaction by cultivating and managing an exuberant buying crowd. The craft of urgency emphasizes the performative agencement that assembles the condition for urgency to come into being.
Paper short abstract:
On Nairobi's northern outskirts, the rising value of land is formenting new landscapes of mistrustwithin families. By exploring the case of Ann Wairimu, a 40-year-old Kenyan woman who had been defrauded of her title deed, this paper reflects on the experience of losing property to land grabs.
Paper long abstract:
On Nairobi's northern outskirts, the rising value of land is formenting new landscapes of mistrust and suspicion within families. For Kikuyu families who have lived on this changing periphery, land continues to passed down through ties of blood. With land's value growing, inheritance disputes are intensifying over plots of land that might be 'developed' due to their proximity to the city or sold for even higher values. This paper explores the effects of rocketing land prices on kinship networks, turning them into sites of mutual suspicion and mistrust, fraud and deception. By exploring the case of Ann Wairimu, a 40-year-old Kenyan woman who had been defrauded of her title deed, this paper reflects on cases of land fraud in contemporary Kenya, their capacity to ruin lives, and the political and economic roots of such chicanery in a form of capitalism shot-through with acts of predation.