​UN-Habitat

Values

​Locations in cities have varied economic values and influence such things as property prices and rents. This value concerns both the exchange value and the use value of locations for everyday life - socially, culturally and environmentally. In this perspective, the current housing crisis concerns far more than the need for new housing units; rather it concerns the creation of a broad range of societal values that are measureable, both as a use value and exchange value, which together amount to immensely high values. However, the spatial preconditions for such value are often difficult to pinpoint with precision. New research able to pinpoint such spatial capital is fundamental for the proper governance, planning and design of future cities.

Published: Mon 13 Jun 2016. Modified: Fri 01 Sep 2017