Gli effetti Covid-19 sul mercato urbano milanese: l'ascesa dello sviluppatore specializzato

This article deals with the effects of Covid-19 on the urban market, in relation to the case of Milan. The author argues that, despite the unstable situation still on going, looking at the data of 2020 the impact had not been enough intense in order to determine a fatal trade collapse, therefore the confirm of the lines of access to credit and of investments located on huge urban transformation areas let Milan in the conditions for keeping its role of international attractive market, consolidating its financialization processes. Based on this scenario, the author argues that the pandemic emergency had accelerated the process of professionalization of the developers, in a way which is always more specialized and finalized to a better competitiveness in the global scenario. In conclusion, although the rise of specialized developers has led to a change in the real estate and urban scenario and processes, the capitalist paradigm of economic development of cities seems to persist despite the epochal event of the pandemic.