scholarly journals The emergence of a Build to Rent model: The role of narratives and discourses

2021 ◽  
pp. 0308518X2096941
Author(s):  
Frances Brill ◽  
Daniel Durrant
Keyword(s):  
Real Estate ◽  
Model Development ◽  
Institutional Context ◽  
Rental Sector ◽  
Housing Crisis ◽  
New Models ◽  
Private And Public ◽  
New Form ◽  
The Uk

This paper analyses ‘Build to Rent’ (BTR), a new form of tenure in London’s housing market. We examine the ways in which private and public sector actors have shaped the context of BTR’s emergence, and developed a model for delivery in London. We argue they relied on and constructed narratives of negativity about the private rental sector, which were juxtaposed with their product to position BTR as a solution to part of London’s housing crisis. Building on this, and leveraging an emerging but supportive institutional context, real estate professionals have adapted a US model to the UK. We argue that both the narrative-generating activities and the model development reveal tensions, which help theorise the ways new models of financing housing emerge.

Financing housing investment

2020 ◽  
pp. 47-56
Author(s):  
Bob Colenutt
Keyword(s):  
Real Estate ◽  
Real Estate Investment Trusts ◽  
Housing Finance ◽  
Quantitative Easing ◽  
Housing Crisis ◽  
Real Estate Investment ◽  
Role Of Government ◽  
Housing Investment ◽  
The Uk

This chapter looks at the overburdening presence of property and housing finance in the UK economy. It focuses on the economic instability created by mortgage dependency. This is a critical context for understanding the role of Government in creating barriers to resolving the housing crisis though its programme of Quantitative Easing, encouragement of Real Estate Investment Trusts, and by offering tax and residence advantages for overseas investors in UK property. It also explores the rise of investor interest in Build to Rent.

Transparency in the German real estate market

2005 ◽  
Vol 23 (1) ◽  
pp. 90-108 ◽  
Author(s):  
Karl‐Werner Schulte ◽  
Nico Rottke ◽  
Christoph Pitschke
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
International Standards ◽  
Real Estate Industry ◽  
Content Type ◽  
Real Estate Markets ◽  
Current State ◽  
The Usa ◽  
Private And Public ◽  
The Uk

PurposeGerman real estate markets used to show little transparency in the past. This has changed over the last 15 years. The purpose of this study therefore is to examine the current state of transparency.Design/methodology/approachThe study investigates and discusses the concept of transparency in general, availability of private and public market data, major real estate investment products, performance measurement, changes in the regulatory environment and the emergence of organizations and publications. The findings of this study are obtained in a comparative manner: The transparency status of the 1990s in the different areas researched is compared to the current German and other international standards. The authors describe the relatively opaque German real estate market as it was at the beginning of the 1990s and show how it has improved to date.FindingsThe results show that transparency in the German real estate market has noticeably improved in all researched areas. But still, compared with the USA or the UK, the German real estate industry and real estate market still lack transparency and are characterized by information asymmetries and opaqueness.Originality/valueThe results indicate that the German real estate market and industry become more mature and bit by bit converge with their US and UK archetype.

scholarly journals Financialization, real estate and COVID-19 in the UK

2020 ◽  
Author(s):  
Grace Blakeley
Keyword(s):  
Monetary Policy ◽  
Real Estate ◽  
Financial Markets ◽  
Housing Market ◽  
Negative Impact ◽  
House Prices ◽  
Wealth Inequality ◽  
The Uk

Abstract In the UK, financialization has transformed many areas of the economy, including the housing market. The deregulation of financial markets that took place from the 1980s onwards, combined with the privatization of social housing, has transformed UK real estate from an ordinary good, insulated to some extent from consumer and financial markets, into a valuable financial asset. The financialization of real estate has had a largely negative impact on the UK’s housing market, the wider economy and individual communities; wealth inequality, financial instability, gentrification and homelessness have all increased as the role of the financial sector in UK property has increased. The financial crisis only accelerated many of these trends as distressed real estate was bought up by investors in its wake, and as loose monetary policy pushed up house prices in the period after the crisis. The COVID-19 pandemic is only likely to exacerbate these issues; the UK is sleepwalking into a potential evictions crisis, and ongoing loose monetary policy is likely to prevent a significant and necessary correction in house prices over the long term.

Housing’s economic context

2019 ◽  
pp. 47-72
Author(s):  
Nick Gallent
Keyword(s):  
Twentieth Century ◽  
Real Estate ◽  
Built Environment ◽  
Housing Affordability ◽  
Material Consumption ◽  
Economic Context ◽  
The Uk ◽  
Economic Function ◽  
Public Revenues

Housing has long been implicated in the productive economy, providing a focus for manufacturing, construction and material consumption. The privatisation, assetisation and financialisation of housing in the twentieth century has broadened and deepened its economic function. This chapter examines the changing profile of the UK economy and the greater centrality today of services related to real estate and debt securitisation. It explores the idea of a ‘credit switch’ in the latter half of the twentieth century into the financialised built environment and the implications of that switch for both the wider economy and public revenues. The chapter explores the broadening role of housing in the UK economy and implications for productivity, workplace earnings and housing affordability (relative to those earnings). The tax treatment of housing – and various instruments of financialisation - are presented as critical scaffolding for this economic shift, which is theorised/explained using a range of key literature.

scholarly journals Standing Up for the Nations? Devolution and the Changing Territorial Role of Backbench MPs with Constituencies in Northern Ireland, Scotland and Wales, 1992–2019

2021 ◽  
Author(s):  
Jack Sheldon
Keyword(s):  
Content Analysis ◽  
Northern Ireland ◽  
Institutional Context ◽  
Standing Up ◽  
General Elections ◽  
The Uk

Abstract At UK general elections, parties and candidates standing in Northern Ireland, Scotland and Wales give prominence to pledges to act on behalf of those territories. This article examines how far and in what ways MPs with constituencies in those parts of the UK actually seek to give representation to these territorial units once elected. A typology of forms of substantive parliamentary representation of sub-state units such as these is outlined, and results of a content analysis of Commons contributions by backbench MPs between 1992 and 2019 are presented. It is found that MPs from the parts of the UK with devolved legislatures focus extensively on the sub-state territorial level and that these MPs have adapted their representational styles to the changed institutional context following devolution. These findings have important implications for how we think about the roles of MPs from Northern Ireland, Scotland and Wales in the post-devolution context.

The Contribution of National Laboratories to the European Scientific Labour Market

1995 ◽  
Vol 9 (3) ◽  
pp. 176-185 ◽  
Author(s):  
Helen Lawton Smith
Keyword(s):  
Empirical Investigation ◽  
Government Policies ◽  
Public And Private ◽  
The Past ◽  
Resource Needs ◽  
Science Base ◽  
Private And Public ◽  
The Uk ◽  
Political Decisions

This article deals with the ways in which differing government policies in relation to national laboratories affect training, employment and culture within the research establishment and consequently the preparedness of respective countries to deal with future skills needs in private and public sector science. Helen Lawton Smith bases her discussion around a study which tested the hypothesis that political decisions in the UK over the past few years regarding the role of national laboratories have inhibited the country's capacity to meet the labour resource needs of the science base. The study included an empirical investigation of nine national laboratories in Belgium, France and the UK. In light of the findings from this comparative analysis, she suggests that moves towards the commercialization of UK national laboratories have had a number of adverse effects on the potential supply of skills to both public and private sectors.

scholarly journals Globalization, Security, Paradox: Towards a Refugee Biopolitics

Refuge ◽  
2004 ◽  
pp. 49-57 ◽  
Author(s):  
Benjamin Muller
Keyword(s):  
September 11 ◽  
White Paper ◽  
Core Element ◽  
Domestic Security ◽  
Private And Public ◽  
To Come ◽  
Post September 11 ◽  
Immigration And Asylum ◽  
The Uk

How can we think, imagine, and make authoritative claims about contemporary refugee politics? I believe this question must precede investigations into struggles/movements advocating rights and political voice for refugees. It is important to come to terms with the changing terrain of refugee politics, in order to (re)conceptualize it and provide some idea of how/where such struggles might be fought. Focusing on the colliding commitments to globalization and security, particularly since September 11, 2001, I argue that “paradox” is a core element of refugee politics. To some extent, this has been rehearsed elsewhere, and I point to the highlights in the existing literature. I suggest that an approach sensitive to Foucault’s account of governmentality and biopolitics is particularly helpful, stressing the diffuse networks of power in refugee politics among private and public actors, the increasing role of “biotechnology,” and some (re)solution to the globalization – domestic security paradox, leading to what I call the “biopoliticization of refugee politics.” Examined here are the politics of asylum and refugee movements in the UK. In particular, the 2002 government White Paper on immigration and asylum – Secure Borders, Safe Haven – provides an example of the changing terrain of contemporary (post-September 11) refugee (bio)politics.

Sign in / Sign up

Export Citation Format

Share Document