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Performing (Housing) Markets

Susan J. Smith, Moira Munro and Hazel Christie
Additional contact information
Susan J. Smith: Department of Geography, University of Durham, South Road, Durham, DH1 3LE, UK. Fax: 0191 334 1801, susanj.smith@durham.ac.uk
Moira Munro: Department of Urban Studies, University of Glasgow, 25 Bute Gardens, Glasgow, G12 8RS, UK
Hazel Christie: Institute of Geography, University of Edinburgh, Drummond Street, Edinburgh, EH8 9XP, UK. Fax: 0131 650 2524, hazel.christie@ed.ac.uk

Urban Studies, 2006, vol. 43, issue 1, 81-98

Abstract: This paper offers an interpretation of how housing markets work which complements more traditional economic approaches. Building on a wider movement within cultural economy and economic sociology, it considers how (housing) markets are variously performed in the power-filled negotiations of buyers, sellers and market professionals. This is part of a larger undertaking, but here the focus is particularly on the role of legal, financial and information intermediaries in shaping local cultures of property exchange. This is a social rather than economic analysis of housing markets; it is a qualitative rather than a quantitative study. It is designed to shed light on how markets are made, though it might, in the end, change the way they are modelled.

Date: 2006
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