Financialization and housing: Between globalization and Varieties of Capitalism

By Rodrigo Fernandez, M. Aalbers. 2016

363 citations recorded by the source corpus.

Subfields: Finance, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/35c0faff31e025f8061c5b4bb2603ae6eb94ec17

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. Desiree Fields
2. Gertjan Wijburg
3. M. Aalbers
4. J. Beswick
5. J. Penny
6. Martine August
7. Rodrigo Fernandez
8. Jannes van Loon

In Sociology and Political Science

1. Desiree Fields
2. Gertjan Wijburg
3. Martine August
4. M. Aalbers
5. J. Beswick
6. J. Penny
7. Jannes van Loon
8. Rodrigo Fernandez

Citations in the corpus

• London and New York as a safe deposit box for the transnational wealth elite (2016, background): “The absorption of capital by real estate is one of the defining characteristics of the current financialised regime (Fernandez and Aalbers, 2016).”
• The Financialisation of Rental Housing 2.0: Releasing Housing into the Privatised Mainstream of Capital Accumulation (2018, background): “Against the background of austerity urbanism and the ongoing expansion of international capital markets into housing and real estate (Fernandez and Aalbers 2016; Peck 2012), this could be considered a shortcoming.”
• How real estate became ‘just another asset class’: the financialization of the investment strategies of Dutch institutional investors (2017, background): “In addition, waves of financial liberalization and deregulation combined with digitalization have made finance much more footloose (Clark, 2000; Fernandez & Aalbers, 2016).”
• Constructing a New Asset Class: Property-led Financial Accumulation after the Crisis (2018, methodology): “To meet these objectives, I strategically combined the STS-inspired marketization approach (Çalışkan and Callon 2010; Berndt and Boeckler 2012) with understandings of financial accumulation rooted in critical political economy (Harvey 1985; Moreno 2014; Aalbers 2016; Fernandez and Aalbers 2016).”
• Demolishing the Present to Sell off the Future? The Emergence of ‘Financialized Municipal Entrepreneurialism’ in London (2018, background): “…be remade as an asset class, alike in many respects to public infrastructure and capable of absorbing substantial portions of the global pool of liquid assets – the ‘wall of money’ (Fernandez & Aalbers, 2016) – seeking stable, secure real estate investments in a post- crisis investment landscape.”
• The alternative financialization of the German housing market (2017, background): “Secondly, we argue that in the wake of the GFC, the German housing market, while maintaining its essential and historical differences, is increasingly moving in the same direction of other European housing markets, i.e. is becoming more financialized (Fernandez & Aalbers, 2016).”
• The de-financialization of housing: towards a research agenda (2020, background): “Whether with regard to the advent of mortgaged (and sometimes securitized) homeownership (Fernandez and Aalbers, 2016), the rise of institutional corporate landlords in the private rental sector (August and Walks, 2018; Charles, 2019), the (transnational) investment practices of ‘super-rich’ or…”
• The financialization of Canadian multi-family rental housing: From trailer to tower (2020, background): “…were large institutions—a reversal of the experience of early REITs in which individuals held the majority of the stock.15 Uneven geographies of rent control A national-scale analysis is valuable for revealing how state policies enable or limit financialization (Fernandez & Aalbers, 2016).”