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A ‘Naya’ Pakistan: How transnational practices have reconstructed the housing system through new productions and markets of housing in Islamabad and Rawalpindi
Housing production and housing markets are components of the wider housing system which need to be studied in parallel to reveal complex patterns that cannot be identified on their own. Within Pakistan, this system is following a new pattern as a result of its transnational migrant population and state policy influences. This is since Pakistan embodies a lucrative housing industry. Multiple different processes that can be argued to be influenced by investment patterns and growing aspirations of the middle class have reconstructed the housing system in Pakistan. As a result the increase in overseas Pakistani investment and the rise of demand for prestigious housing units has fueled the production of housing in the twin cities of Rawalpindi and Islamabad, Pakistan. Whilst both cities are assessed, existing class disparities created by the stress of viable land for housing production in Islamabad have led aspirational housing to be produced in Rawalpindi. Moreover, to combat housing supply constraints the state has leveraged the rise of investment into the production of high rise-buildings however this has failed to be effective in the long term since it lacks affordability due to demand created by speculative investors.

Shared with the World by Elangkathir Duhindan

This list was generated on Sat Jun 15 04:05:48 2024 UTC.