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Knowing the market? Understanding and performing York's housing

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Publication details

JournalHousing Studies
DatePublished - Mar 2008
Issue number2
Volume23
Number of pages18
Pages (from-to)253-270
Original languageEnglish

Abstract

This paper takes a cultural-economy approach to the analysis of the operation of local housing markets, providing an insight into how local market actors 'know the market' and enact, or 'perform', the business of local housing. Drawing on a qualitative study of the York housing market, the paper provides an insight in to the myriad presumptions and practices enacted by seemingly similar agents as they seek to manage a potential dip in prices. The trade-off between market theory, personal experience, intuition and normative expectations is a consistent theme as actors struggle to maintain confidence in the market for all. More broadly, the paper argues that there is a role for further qualitative study of the way intuitive or emotional processes are intertwined with acts of calculation during the performance of housing markets.

    Research areas

  • cultural economy, buy-to-let, housing markets, INSTITUTIONS, PROPERTY

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