Print

Print


Call for Papers: International Sociological Association RC43 Housing and
the Built Environment Conference in Hong Kong (June 18-21, 2017)

Reconstructing the real estate-finance link: Housing financialization after
the crisis <http://bit.ly/2eRLFmv>

The treatment of housing as a financial asset helped create the conditions
for the 2007-2008 global financial crisis. Yet everywhere the crisis was
felt most strongly, restoring the link between finance and the built
environment has been integral to recovery strategies. While the process of
financialization is ongoing, the nature of the process is dynamic. For
example, in many of the countries experiencing systemic housing-financial
crises in 2008, today rental housing is an important new financial asset
class, with some of the world’s largest private equity firms buying up and
renting out repossessed properties and rolling out novel rent-backed
financial instruments. This shift is rooted in broader social, economic,
and political conditions taking shape since 2008, including: pressure for
state and financial institutions to dispose of large amounts of distressed
assets; increased rental demand as former homeowners become tenants and
young people contend with greater indebtedness and diminished economic
opportunities; and tighter lending standards. But financialization is at
once a global process and one deeply contingent on local and national
contexts. As such the path of post-crisis housing financialization outlined
above is but one trajectory, and we would expect other paths to emerge in
places situated differently with respect to the 2008 crisis. Finally, we
must recall that financialization is neither given nor monolithic; rather
this process is always incomplete, a work in progress that can fail, break
apart, and be reworked and contested.

This session invites papers that shed light on the dynamics of post-crisis
housing financialization--including work critiquing the notion of
‘post-crisis’. Contributions from outside the heartlands of the 2008 global
financial crisis, including Asia, Africa,  the Caribbean, Latin America,
the Middle East,and post-socialist states are welcome. Papers from PhD
students and early career scholars encouraged. A range of topics is sought,
including but not limited to:


   -

   How the link between housing and finance is being reconstructed in
   specific urban and/or national contexts since 2008 (including comparative
   perspectives)
   -

   The socio-spatial impacts of post-crisis housing financialization
   -

   Rental housing as a new financial asset class and tenants as ‘financial
   subjects’
   -

   How social movements seek to contest or interrupt financialization,
   including through alternative relationships to land and housing and
   movements for expanded renters rights
   -

   Historical or contemporary counter-examples highlighting progressive
   possibilities toward de-financialization


Please send abstracts (300 words maximum) and your name, affiliation, and
title to Desiree Fields at [log in to unmask] by 20th December 2016.

-- 

Desiree Fields
Lecturer in Urban Geography
Erasmus and Study Abroad Coordinator and Student Experience Officer
Office hours: Monday, 11:00am-12:00pm and Wednesday 2:00-4:00pm, or by
appointment
0114 222 7969
Department of Geography, University of Sheffield
Western Bank
Sheffield S10 2TN
United Kingdom

https://www.sheffield.ac.uk/geography/staff/desiree_fields/home