A ‘Golden Child’ for Investors”

The assetization of urban childcare property in NZ

Bibliographic Data

ID11670591
AuthorsAisling Gallagher (0000-0001-5144-0880, Geography, Massey University, Palmerston North, New Zealand, corresponding author)
Year2020
Volume42
Issue10
Pages1440-1458
Publication date2020-08-10
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueUrban Geography (JOURNAL)
Journal identifiersISSN: 0272-3638 • E-ISSN: 1938-2847
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/02723638.2020.1785257
OpenAlexW3048591735
LanguageEN
Citations received9
References cited52

Childcare services are a key part of the social infrastructure of cities. Yet childcare property has recently been signaled as one of the fastest growing alternative real estate investment opportunities within a number of neoliberalized childcare markets. Shedding light on this phenomenon, in this paper I examine how urban childcare property has become an attractive option for individual investors in Aotearoa/New Zealand. Speaking to the literature on urban financialization and the neoliberalization of care, I examine the relationship between the privatization of childcare services and the growth of the childcare property market; the work of property agents as key intermediaries in shaping the terrain of investment into childcare property; and the passive investor subject which is envisioned. Ultimately, I argue that the role of the state has been crucial to the formation of this recent property investment trend in NZ, setting in place the conditions for assetization to occur

Business · Economic growth · Economic rent · Economics · Financialization · Freehold · Intermediary · Investment (military · Market economy · Political science · Politics · Property (philosophy · Property market · Real estate · Real estate investment trust · Work (physics · Housing, Finance, and Neoliberalism · Finance

Tools

Open DOI