Housing ideology and urban residential change: The rise of co-living in the financialized city
Tim White and
David Madden
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Tim White: Department of Sociology, London School of Economics and Political Science, London, UK
David Madden: Department of Sociology, London School of Economics and Political Science, London, UK
Environment and Planning A, 2024, vol. 56, issue 5, 1368-1384
Abstract:
This article develops the concept of housing ideology in order to analyze the rise of co-living. Housing ideology refers to the dominant ideas and knowledge about housing that are used to justify and legitimize the housing system and its place within the broader political economy. Co-living is the term for privately operated, for-profit multiple occupancy rental housing. The article argues that the rise of co-living is supported by four key ideological elements—corporate futurism, technocratic urbanism, market populism and curated collectivism—which serve to legitimize co-living within the housing system and enable its profitability. The ideology of co-living appears to critique many elements of the contemporary urban housing system. But despite its critical self-image, co-living does not represent an alternative to today’s financialized urbanization. Ultimately, the article argues for the importance of understanding the role of housing ideologies in residential change.
Keywords: Housing; ideology; co-living; financialization; rent (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:56:y:2024:i:5:p:1368-1384
DOI: 10.1177/0308518X241230446
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