Unwilling Subjects of Financialization
Bibliographic Data
| ID | 4382302 |
|---|---|
| Authors | D Fields (0000-0001-6959-8803, Department of Geography University of Sheffield Winter Street, Sheffield S10 2TN UK, corresponding author) |
| Year | 2017 |
| Volume | 41 |
| Issue | 4 |
| Pages | 588-603 |
| Publication date | 2017-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Journal of Urban and Regional Research (JOURNAL) |
| Journal identifiers | ISSN: 0309-1317 • E-ISSN: 1468-2427 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1468-2427.12519 |
| OpenAlex | W2582774109 |
| Language | EN |
| Citations received | 170 |
| References cited | 57 |
This article seeks to advance debates about the financialization of housing by focusing on the emergence of rental housing as a frontier for financialization, a dynamic that is increasingly relevant since the global financial crisis. Situated in New York City, the research focuses on an aggressive wave of investment in affordable rent-stabilized properties by private equity firms, their efforts to release value from these properties, and the implications of the 2008 financial crisis for their investment strategies and thus for tenants' experience of home. Through detailed empirical analysis tracing the connections between how rental housing has been constituted as a new site for private equity investment globally, the local conditions facilitating this process in New York and how it reshaped everyday life for tenants, the article theorizes tenants as unwilling subjects of financialization. Yet unwillingness does not necessarily translate into being overtaken; it also connotes reluctance and indeed struggle. This novel conceptualization highlights the ways in which financialization meets with dissent, and its necessarily contingent and incomplete nature. The article therefore develops the wider intellectual project of understanding financialization not as a monolithic and inevitable process, but as one characterized by resistance from without and contradiction from within
Conceptualization · Contradiction · Dissent · Economics · Financialization · Political economy · Political science · Politics · Private equity · Renting · Sociology · Housing, Finance, and Neoliberalism · Law · Political Economy and Marxism · Finance
Organizing and Shelter Decommodification
From regions to neighborhoods
The practice of commodification in a highly regulated rental market
Urban struggles with financialization
Las biopolíticas de la financiarización de la vivienda
From doors to scores
Making the Numbers Work”
Financialization
El arriendo -formal e informal- como nueva frontera de la financiarización de la vivienda en América Latina
Serial Eviction Filing
The Tourism–Housing Nexus in Portugal
De-Financialising Planning Governance? Institutional Recalibration in London’s Inclusionary Housing System
Reconsidering the real estate state
Beyond the limits of rentability
Beyond efficiency in low-income housing provision
Mexico’s Housing Paradox
A New Skyline for Champaign
Racial/Ethnic Differences in Housing Insecurity
From Shelters for Numbers to Shelters for Welfare
Who Owns Municipal Housing Bonds? Asset Managers and the Affordable Housing Crisis
High Rises and Housing Stress
Financialization, platform economy and urban rental housing
Financialization through regulation
Corporate landlords and disruption through consolidation in post-crash Dublin’s private rental sector
Financialized Loss
Introducing the Yimbys
From right to good, and to asset
The Impact of Single-Family Rental Reits on Regional Housing Markets
Theory, explanation, and economics in financial geographies
Dignity in urban geography
Gestão neoliberal da precariedade
Can Tenants’ Unions Challenge Neoliberal Housing Governance? The Emergence of a New Movement in Spain and Its Impact on Post-neoliberal Housing Policy
Towards Transversal Housing Solidarities Across Space, Time and Subjects
Intersectionalizing Housing Discrimination Under Rentier Capitalism in an Asset-Based Society
Housing Financialization and the State, in and Beyond Southern Europe
The Edges of Owner-Occupation versus Rentier Capitalism
Resetting” the Neighbourhood
Struggling for Housing Justice – New Theoretical and Methodological Approaches
Temporary Ownership in a Home Steward Society
Assembling Imperceptibility
Situating revanchism in the contemporary city
Financialization interrupted
Communal interaction and creativity as revolution
Market-reach into social reproduction and transnational labour mobility in Europe
Protect or punish debtors? Policymaker discourse on the state’s role in personal debt governance
“Feeling trapped”
How Do Crises Impact Policy Debates? The shifting national landscape of discourse on rental housing in the USA
More than a housing crisis
Tracing the socio-spatial logics of transnational landlords’ real estate investment
Institutional private rental sector and tenure security in Poland
The assetisation of housing
Studentification in Germany
Housing stratification and the politics of tenure
The role of (changing) consultants and data in the market for sustainable, financialized, real estate markets
Banks as the new family
Financialization and Systemic Income Inequality
From Racial to Reparative Planning
Not gentrification, not touristification
The financialization of single-family rental housing
Emergency rental assistance under Covid capitalism
Financialization of housing from cradle to grave
Image circulation, development hoardings and new strategies of urban change
Political ecology III
Financial geography III
From eviction to evicting
Financialized Violence in Toronto ’s Rental Market
Between Depression and Hope
Subaltern Conditions of Rental ‘ Unfreedoms ’
Hyperscaling Housing
Capital and conscience
Urban value chains and re-framing agglomeration-centric conceptions of urban theory
Living with an invisible landlord
Homes not shelters”
New dynamics of rent gap formation in New York City rent-regulated housing
Subordinate housing financialization
Planning after the fact
The debt diaries
Financialization the Swedish way
Housing financialisation a la Griega
Insurantial imaginaries
Layers of finance
Financialized gentrification, demoviction, and landlord tactics to demobilize tenant organizing
Introduction
Making the post-neoliberal city? Vallastaden and the limits and prospects of moderately heterodox initiatives to transcend hegemonic planning practices
Affordable Housing in Australia
Modifying to commodify
Entangling housing and migration politics
“They are moving more national, that is a big problem”
“A Program, Not the Projects”
Replacing the services sector and three-sector theory
How on Earth Did Spanish Banking Sell the Housing Stock
Rental tenure and rent burden
Build-to-Rent and the financialization of rental housing
The Everyman archetype
Saving the neighbourhood
Stressed out in the housing market
Responding to housing precarity
Neoliberalism as entrepreneurial governmentality
Experiencing housing precarity in the private rental sector during the covid-19 pandemic
Contesting the financialization of student accommodation
Bloomberg's New York
Global Capital Markets
The Everyday Life of Global Finance
Uncertain Subjects of Anglo-American Financialization
The limits to financialization
Centring Housing in Political Economy
Ontological Security and Psycho-Social Benefits from the Home
The new urban enclosures
The urban process under financialised capitalism
Speculating on London's housing future
Beyond Flows, Fluids and Networks
Financing Social Reproduction
Round the Houses
Contesting the Financialization of Urban Space
Deflating the Dream
Focus Groups
Disability, embodiment and the meaning of the home
Speculating on Everyday Life
The financialisation of rental housing
Reducing Housing Subsidy
The Tenant Movement in New York City, 1904-1984
On voodoo economics
From financialization to operations of capital
Geographies of the financial crisis
Rebel cities
Brief History of Neoliberalism
The Gender, Place and Culture Jan Monk Distinguished Annual Lecture
Financializing space, spacing financialization
Gendering capital
Beyond house and haven
The Financialization of A Social Housing Provider
Privatization, Financialization and State Restructuring in Eastern Germany
Home, Home Ownership and the Search for Ontological Security
Post-Industrial Widgets
Value models
Deconcentration by Demolition
When Local Housing Becomes an Electronic Instrument
The Variegated Financialization of Housing
An Appetite for Yield
The Integration of Property and Financial Markets
Displacing New York
Rethinking Real Estate Finance in the Wake of a Boom
Managing fictitious capital
Welcome to My Cell
New Racial Meanings of Housing in America
Expulsions
Geographies of home
The Capitalization of Almost Everything
Focus Groups
Shareholder value and Financialization
| Unique citing works | 170 |
|---|---|
| Citations per year | 18,89 |
| Citation span | 2017 - 2026 (10) |
| Citation velocity | current |
| Highly cited | Yes |
| Citation types | Neutral: 164 |