Landlord Elites on the Dutch Housing Market: Private Landlordism, Class, and Social Inequality
Cody Hochstenbach
Economic Geography, 2022, vol. 98, issue 4, 327-354
Abstract:
The past decade has seen a revival of private renting across a wide range of countries and housing regimes. Economic and housing restructuring has enhanced rental housing’s appeal as an investment class. Apart from an increase in investment from firms, institutions, and trusts, this has triggered a revival of private landlordism among individuals and households. Yet, few detailed studies on the social, demographic, and economic profiles of landlords exist. To fill this gap and understand landlords’ class position, this article draws on Dutch register data with information on the entire Dutch population and housing stock. Analyses of their socioeconomic characteristics reveal the highly privileged class position of many landlords, with a substantial portion found in top income, wealth, and neighborhood positions. One-third of the top wealth percentile—the Dutch top 1 percent—consists of landlords, underscoring their vast economic power. Although landlords with larger housing portfolios are notably more affluent, small-scale landlords are also highly overrepresented in the upper economic strata. Fundamentally, this article’s findings urge us to consider landlordism specifically, and housing more broadly, in terms of class formation and delineation, with a class of landlord elites mobilizing multiple properties for the purpose of wealth accumulation and class reproduction.
Date: 2022
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://hdl.handle.net/10.1080/00130095.2022.2030703 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:recgxx:v:98:y:2022:i:4:p:327-354
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/recg20
DOI: 10.1080/00130095.2022.2030703
Access Statistics for this article
Economic Geography is currently edited by James Murphy
More articles in Economic Geography from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().