ABSTRACT
This paper is a theoretical reflection about the role of the real estate sector in the process of urban accumulation, considering the empirical context of the real estate complexes of Reserva do Paiva, located to the South of the Metropolitan Region of Recife in the state of Pernambuco, Brazil. Among the many roles and agents involved, the role of land owners, Real Estate developers and the Government is emphasized. It is seen that the latter acts in this business favoring the capital of the powerful ones. In this framework, the paper brings some conditions of the market and the government that interfere in the Real Estate development and present a strong relation between the city development and the capitalist strategies of the Real Estate agents. In this way, the reflection in this paper aims at unveiling how the space is an instrument for governmental actions as it is also influenced by the contradictions between the Government and the capitalism.
Urban Accumulation; Agents of space production; Reserva do Paiva; Real Estate