Sustainable Urban Renewal and Built Heritage Conservation in a Global Real Estate Revolution

被引:21
|
作者
Lai, Lawrence W. C. [1 ]
Lorne, Frank T. [1 ,2 ]
机构
[1] Univ Hong Kong, Ronald Coase Ctr Property Rights Res, Hong Kong, Peoples R China
[2] New York Inst Technol, Vancouver, BC V7Y 1K8, Canada
来源
SUSTAINABILITY | 2019年 / 11卷 / 03期
关键词
Coase theorem; urban renewal; real estate revolution; heritage conservation; museum; COASE THEOREM; MANAGEMENT; LAND;
D O I
10.3390/su11030850
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
A global real estate revolution has been transforming the urban landscape everywhere. Development and redevelopment projects have mixed with, if not become an integral part of, real estate construction. At the same time, there is a drive to commodification in this revolution, as shown by a growing trend to conserve built heritage in new development projects characterised by the rise of museums. This paper reviews some examples of attempts in various parts of the world to combine real estate development and conservation and applies the fourth Coase theorem to explore how built heritage conservation and urban renewal in Hong Kong, hitherto problematic in terms of their invasion of private property, can become a win-win outcome in the context of this global real estate revolution.
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收藏
页数:12
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