Answer 1 out of 2 questions
First, read:
Seabrooke, L. and Wigan, D., 2017. The governance of global wealth chains.
Review of International
Political Economy
,
24
(1), pp.1-29.
Hofman, A. and Aalbers, M.B., 2019. A finance-and real estate-driven regime in the United
Kingdom.
Geoforum
,
100
, pp.89-100.
Mulhearn, C. and Franco, M., 2018. If you build it will they come? The boom in purpose-built student accommodation in central Liverpool: Destudentification, studentification and the future of the city.
Local Economy
,
33
(5), pp.477-495.
Question 1 – 50 marks
1.Figure 1 (below) shows the top 12 offshore property investors who own multiple properties by volume (on the vertical axis) and levels of deprivation (on the horizontal axis) in the Liverpool and Merseyside Area (LMA). In addition, there are approximately 16% of investors who are single unit purchasers (they own one house). Using the Global Wealth Chain typology of Seabrooke and Wigan (2017) what type of wealth chain is each of these investors likely to employ and why?
