cycle of regulation, deregulation, and re-regulation of globalised property investment. Some authors do clarify how regulation can be seen as a necessary response to local political discontent over the impacts of globalised capital, but in future work it would be interesting to assess the co-opting aspects of these responses/performances, and their impacts (to the extent these can be traced). Another important contribution of this collection is the emphasis two chapters place on the soft power represented by real estate investment, and the significance of this in shaping (as well as adapting to) geopolitical strategies. As the editors argue, “ . . . local real estate becomes a technology through which the nation-state performs a modern form of statecraft in both the national and global arenas” (p. 9). While the spatial and temporal specifics of investment flows are addressed in several contributions, more of the analyses might have focused on the impacts of investment (from specific sorts of investors, within specific regulatory frameworks) on urban form. Pow explains the significance of Singapore’s branding as “ . . . a ‘lifestyle haven’ for the global super-rich with place-marketing campaigns that centre on the production of spectacular urban landscapes and conspicuous real estate projects” (p. 61), but relatively little attention is paid to this aspect in the other contributions. Arguably, this is the impact that defines how the “practice” of real estate investment is most dramatically transforming cities and local politics. The editors point to the flipside of this phenomenon – the hollowing out of vibrant urban neighbourhoods identified by Atkinson (2016, p. 1303): “ . . . investors create spaces of isolation, anonymity, exclusion and retreat” (quoted p. 11). This is the reason the topic addressed in this book matters – for city residents, urban planners, local governments, and indeed the financial elites themselves. If globalised investment flows kill the golden goose of living cities, we are all worse off. This book offers an insightful primer on the evolving politics and complex practice of this phenomenon.

中文翻译：

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设计中的幸福之路：艺术，人文与建筑环境的例子

管制，放松管制和重新管制全球化房地产投资的周期。有些作者确实阐明了如何将监管视为对全球化资本影响对地方政治不满的必要反应，但是在未来的工作中，评估这些反应/表现的共同点及其影响（对可以追踪的范围）。该系列的另一个重要贡献是强调了两章重点介绍了房地产投资所代表的软实力，以及这在制定（以及适应）地缘政治战略中的意义。正如编辑们所说，“”。。。地方房地产成为一种技术，民族国家可以通过它在国家和全球舞台上执行现代形式的治国方略”（第9页）。尽管投资流量的时空特征可以通过多种贡献来解决，但更多的分析可能集中在投资（来自特定类型的投资者，在特定的监管框架内）对城市形态的影响上。Pow解释了新加坡品牌的重要性。。。全球超级富豪的“生活方式天堂”，其地方营销活动以壮观的城市景观和引人注目的房地产项目为中心”（第61页），但其他方面对此方面的关注相对较少。可以说，这是影响的定义，它定义了房地产投资的“实践”如何最大程度地改变了城市和地方政治。编辑们指出了这一现象的另一面-Atkinson（2016，p。1303）指出的充满活力的城市社区被挖空：。。投资者创造了孤立，匿名，排斥和退缩的空间”（引用第11页）。这就是本书涉及的主题之所以重要的原因-对于城市居民，城市规划人员，地方政府以及金融精英本身。如果全球化的投资流杀死生活城市的金鹅，我们所有人的处境都会更糟。本书提供了关于这种现象的不断发展的政治和复杂实践的深刻见解。确实是金融精英本身。如果全球化的投资流杀死生活城市的金鹅，我们所有人的处境都会更糟。本书提供了关于这种现象的不断发展的政治和复杂实践的深刻见解。确实是金融精英本身。如果全球化的投资流杀死生活城市的金鹅，我们所有人的处境都会更糟。本书提供了关于这种现象的不断发展的政治和复杂实践的深刻见解。