The paper that I’ve been working on for a while with another colleague Professor Soo-Hyun Kim (Sejong University; now the Director of the Seoul Institute) is out now, published by the Urban Studies journal as an online first version. This is part of the forthcoming special issue on Locating Gentrification in East Asia, co-edited by myself, Loretta Lees and Ernesto López-Morales. Its full bibliography details for citing are as follows:

Shin, H.B. and Kim, S-H. (2015) The developmental state, speculative urbanisation and the politics of displacement in gentrifying SeoulUrban Studies doi: 10.1177/0042098014565745

It adopts a broader definition of gentrification as an urban process of commodifying urban space that results in displacement of original inhabitants (hence not just owners but also users), and argues that contrary to the notion of gentrification travelling from the West to the East or from the global South to the global North, gentrification as a process of class-led socio-spatial restructuring is essentially an endogenous process that helps rewrite the landscape in Seoul to address the needs of speculative accumulation by the Korean developmental state. I attach its abstract below, with some of the images that are included in the paper.

Abstract:
What does gentrification mean under speculative urbanisation led by a strong developmental state? This paper analyses the contemporary history of Seoul’s urban redevelopment, arguing that new-build gentrification is an endogenous process embedded in Korea’s highly speculative urban development processes from the 1980s. Property owners, construction firms and local/central governments coalesce, facilitating the extraction of exchange value by closing the rent gap. Displacement of poorer owner-occupiers and tenants was requisite for the success of speculative accumulation. Furthermore, the paper also contends that Korea’s speculative urbanisation under the strong developmental (and later (neo-)liberalising) state has rendered popular resistance to displacement ineffective despite its initial success in securing state concessions. Examining the experience of Seoul in times of condensed industrialisation and speculative urbanisation helps inform the existing literature on gentrification by resorting to non-Western empirics.

Figure 2. Ogsu neighbourhood before and after redevelopment (project period: November 1984 - October 1990). Source: Photographs provided through the courtesy of The Seoul Institute.
Figure 2. Ogsu neighbourhood before and after redevelopment (project period: November 1984 – October 1990). Source: Photographs provided through the courtesy of The Seoul Institute.
Figure 4. Locations of areas designated for redevelopment in Seoul. Source: Map adopted from Bureau of Housing (2008) and adjusted
Figure 4. Locations of areas designated for redevelopment in Seoul. Source: Map adopted from Bureau of Housing (2008) and adjusted