Housing (In)Equity and the Spatial Dynamics of Homeownership in France: A Research Agenda

Renaud Le Goix (), Laure Casanova Enault (), Loïc Bonneval (), Thibault Le Corre (), Eliza Benites-Gambirazio (), Guilhem Boulay (), William Kutz (), Natacha Aveline-Dubach (), Julien Migozzi () and Ronan Ysebaert ()
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Renaud Le Goix: UPCité - Université Paris Cité, GC (UMR_8504) - Géographie-cités - UP1 - Université Paris 1 Panthéon-Sorbonne - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - UPCité - Université Paris Cité, IUF - Institut universitaire de France - M.E.N.E.S.R. - Ministère de l'Education nationale, de l’Enseignement supérieur et de la Recherche
Laure Casanova Enault: ESPACE - Études des Structures, des Processus d’Adaptation et des Changements de l’Espace - UNS - Université Nice Sophia Antipolis (1965 - 2019) - AU - Avignon Université - AMU - Aix Marseille Université - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur, AU - Avignon Université
Loïc Bonneval: CMW - Centre Max Weber - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - UJM - Université Jean Monnet - Saint-Étienne - CNRS - Centre National de la Recherche Scientifique, UL2 - Université Lumière - Lyon 2
Thibault Le Corre: GC (UMR_8504) - Géographie-cités - UP1 - Université Paris 1 Panthéon-Sorbonne - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - UPCité - Université Paris Cité
Eliza Benites-Gambirazio: University of Arizona, UL2 - Université Lumière - Lyon 2
Guilhem Boulay: ESPACE - Études des Structures, des Processus d’Adaptation et des Changements de l’Espace - UNS - Université Nice Sophia Antipolis (1965 - 2019) - AU - Avignon Université - AMU - Aix Marseille Université - CNRS - Centre National de la Recherche Scientifique - UniCA - Université Côte d'Azur, AU - Avignon Université
William Kutz: CAM - University of Cambridge [UK]
Natacha Aveline-Dubach: GC (UMR_8504) - Géographie-cités - UP1 - Université Paris 1 Panthéon-Sorbonne - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique - UPCité - Université Paris Cité
Julien Migozzi: ENS de Lyon - École normale supérieure de Lyon - Université de Lyon, PACTE - Pacte, Laboratoire de sciences sociales - CNRS - Centre National de la Recherche Scientifique - UGA - Université Grenoble Alpes - IEPG - Sciences Po Grenoble-UGA - Institut d'études politiques de Grenoble - UGA - Université Grenoble Alpes
Ronan Ysebaert: RIATE - Centre pour l'analyse spatiale et la géovisualisation - CNRS - Centre National de la Recherche Scientifique - UPCité - Université Paris Cité, UPCité - Université Paris Cité

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Abstract: This paper advances a research agenda on how asset-based welfare policies, residential market volatility, stratified accumulation and vulnerability impinge upon the geography of inequality in property markets. Since the mid-1990s, housing prices have increased faster than the income of buyers, becoming a driver of social polarisation and household vulnerability. Few studies have however explicitly linked socio-spatial inequality to asset capitalisation, instability and vulnerability in residential housing markets. We employ an empirically-grounded investigation of the factors driving and reinforcing these dynamics, what we conceptualise as a feedback loop mediating particular housing finance regimes. Drawing on three French cities (Paris, Lyon, and Avignon) our study develops a comparative framework to interpret the relational effects of price, equity and homeowner vulnerability on the production of inequality across different geographical scales. Our approach puts into conversation debates concerning housing markets, social inequality, and ordinary financialisation in the period since the Global Financial Crisis.

Keywords: housing inequality; housing markets; asset capitalization: assez-based welfare; housing finance; price inflation; property markets; homeownership; Housing; inequalities; ownership; financialisation; wealth; France; ACL; PARIS team (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-hme and nep-ure
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02916066v1
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Citations: View citations in EconPapers (1)

Published in Tijdschrift voor economische en sociale geografie, 2021, 112 (1), pp.62-80. ⟨10.1111/tesg.12460⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-02916066

DOI: 10.1111/tesg.12460

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