Cecilia L. Chu - Böcker

In the 1880s, Hong Kong was a booming colonial entrepôt, with many European, especially British, residents living in palatial mansions in the Mid-Levels and at the Peak. But it was also a ruthless migrant city where Chinese workers shared bedspaces in the crowded tenements of Taipingshan. Despite persistent inequality, Hong Kong never ceased to attract different classes of sojourners and immigrants, who strived to advance their social standing by accumulating wealth, especially through land and property speculation.In this engaging and extensively illustrated book, Cecilia L. Chu retells the ‘Hong Kong story’ by tracing the emergence of its ‘speculative landscape’ from the late nineteenth to the early decades of the twentieth century. Through a number of pivotal case studies, she highlights the contradictory logic of colonial urban development: the encouragement of native investment that supported a laissez-faire housing market, versus the imperative to segregate the populations in a hierarchical, colonial spatial order. Crucially, she shows that the production of Hong Kong’s urban landscapes was not a top-down process, but one that evolved through ongoing negotiations between different constituencies with vested interests in property. Further, her study reveals that the built environment was key to generating and attaining individual and collective aspirations in a racially divided, highly unequal, but nevertheless upwardly mobile, modernizing colonial city.Awarded 2023 Best Book in Non-North American Urban History by the Urban History Association.Cecilia Chu has a second award: she received the 2024 IPHS book prize for the best book written in English and related to the planning history of the country/region where the IPHS conference is hosted. This was presented at the IPHS conference in Hong Kong in July 2024.

In the 1880s, Hong Kong was a booming colonial entrepôt, with many European, especially British, residents living in palatial mansions in the Mid-Levels and at the Peak. But it was also a ruthless migrant city where Chinese workers shared bedspaces in the crowded tenements of Taipingshan. Despite persistent inequality, Hong Kong never ceased to attract different classes of sojourners and immigrants, who strived to advance their social standing by accumulating wealth, especially through land and property speculation.In this engaging and extensively illustrated book, Cecilia L. Chu retells the ‘Hong Kong story’ by tracing the emergence of its ‘speculative landscape’ from the late nineteenth to the early decades of the twentieth century. Through a number of pivotal case studies, she highlights the contradictory logic of colonial urban development: the encouragement of native investment that supported a laissez-faire housing market, versus the imperative to segregate the populations in a hierarchical, colonial spatial order. Crucially, she shows that the production of Hong Kong’s urban landscapes was not a top-down process, but one that evolved through ongoing negotiations between different constituencies with vested interests in property. Further, her study reveals that the built environment was key to generating and attaining individual and collective aspirations in a racially divided, highly unequal, but nevertheless upwardly mobile, modernizing colonial city.Awarded 2023 Best Book in Non-North American Urban History by the Urban History Association.Cecilia Chu has a second award: she received the 2024 IPHS book prize for the best book written in English and related to the planning history of the country/region where the IPHS conference is hosted. This was presented at the IPHS conference in Hong Kong in July 2024.

The Speculative City explores property speculation as a key aspect of financialization and its role in reshaping the contemporary built environment. The book offers a series of case studies that encompass a range of cities whose urban fabrics have undergone significant transformation in recent years.While the forms of these developments share many similarities, their trajectories and social outcomes were contingent upon existing planning and policy frameworks in addition to the historical roles assumed by the state and the private sector in housing and welfare provision. By paying close attention to the forces and actors involved in property development, this book underscores that the built environment has played an integral part in shaping new values and collective aspirations, while also facilitating the spread of financial logics in urban governance. The essays in this collection show that these dynamics represent a larger shift of politics and culture in the ongoing production of urban space and prompt reflections on future trajectories of finance-led property speculation.