The conclusion of our volume reconnects its three analytical parts by exposing how local, national, and global interfaces triggered the capitalist transformations of Romania, uncovering the varieties of the deindustrialization–financialization nexus in real estate, and describing how real estate investments advanced across second- and third-tier cities.
The chapter highlights the contributions of the volume to enriching critical urban theories with a political economy perspective on real estate development and opening debates on contemporary capitalism from the standpoint of multi-scalar peripheralization. It reminds us that the book’s methodological and theoretical insights might be useful in other regions beyond Romania and CEE, especially in other (semi)peripheral contexts and emerging markets, understanding the unfolding of global economic restructurings as they territorialize beyond the North-Western core. The research about “great transformations”—that of prior industrial platforms into sites of real estate development and of state socialism into neoliberal capitalism—could also inspire political activism committed to the fight for more just cities and economies beyond our local contexts.