Consumption loans consuming homes: intersections of housing precarity and personal overindebtedness

Tomáš Hoření Samec, Anja Decker and Lucie Trlifajová

International Journal of Housing Policy, 2024, vol. 24, issue 3, 501-520

Abstract: Housing precarity as a condition referring to housing insecurity and unaffordability has been on the rise over the last decade across Europe and beyond. While various studies discuss the character of housing precarity and its links to (subprime) mortgage loans, the role of specific moral economies of debt in enacting housing policies which reinforce housing precarity is less developed in relation to other kinds of loans or the experience of debt enforcement. This article analyses fifty narrative interviews—thirty with debtors and twenty with institutional actors—and employs a processual methodology to highlight the performativity of personal debt and local housing policies. Performativity, enacted and modulated by moral economies of effort, (un)deservingness and (ir)responsibility, contributes to the remaking of housing precarity among indebted people, creating a vicious housing precarity-indebtedness loop. In the conclusion, we highlight the contingent and selective application of local housing policies which exclude the overindebted from municipal housing and discuss possible political and policy actions for overcoming the housing governance which generates this precarity.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/19491247.2024.2350134 (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:intjhp:v:24:y:2024:i:3:p:501-520

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/REUJ20

DOI: 10.1080/19491247.2024.2350134

Access Statistics for this article

International Journal of Housing Policy is currently edited by Professor Suzanne Fitzpatrick, Gerard van Bortel and Richard Ronald

More articles in International Journal of Housing Policy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().