Transnational gentrification: The crossroads of transnational mobility and urban research

Abstract

This introduction to the special issue introduces the contributors’ articles and identifies key themes relating to how increased transnational mobility has affected urbanisation processes in many cities, resulting in the globalisation of rent gaps. A mix of local and transnational real estate interests work to attract higher-income lifestyle migrants and tourists, often from higher-income countries to lower-income urban space in order to increase its exchange value. In the process, however, they act to reduce the use value of urban space to lower-income residents. The introduction notes that the acceleration of lifestyle mobilities moving through urban spaces, and the development of transnational lifestyles of urban place consumption, have produced new forms of gentrification – not merely the spread of an urban strategy to new cities, but the planetarisation of rent gaps. Transnational gentrification is the form of contemporary urbanisation that occurs as a result of closing these rent gaps through attraction of higher income, transnational migrants, often from high-income countries in Northern Europe and North America.