Stirling, Phoebe Rachel;
(2019)
National Housing Strategy and Market Mediation in London.
Doctoral thesis (Ph.D), UCL (University College London).
![[thumbnail of P Stirling_Thesis_FINAL.pdf]](https://discovery.ucl.ac.uk/style/images/fileicons/text.png) |
Text
P Stirling_Thesis_FINAL.pdf - Accepted Version Access restricted to UCL open access staff until 1 November 2026. Download (4MB) |
Abstract
We hear that the housing market in the UK is broken. This break down has been associated with a shift in the function of housing from a ‘utility’ to an ‘asset’, or ‘asset- based welfare’. But the ‘assetisation of housing’ operates both at the local and the national levels. How are these levels related to one another? The study aims to expand our understanding of the emergence and development of housing ‘as an asset’, how this has become part of national housing strategy, and how this then operationalised to function at market level. By analysing some of the work that goes into the ‘refunctioning’ or ‘assetisation’ of housing in London, the study brings into sharper focus the relationship between the local housing market and broader political and economic restructuring. The thesis traces part of the political economy of ‘assetisation’, through the emergence, institutionalisation and operationsalisation of housing as an asset at both national and market levels and reveals an interplay between these two realms. It first traces how the asset function of housing gradually became embedded in housing strategy and discourse during the twentieth and twenty-first centuries. It then moves on to analysis of market mediation in London, revealing the various ways that estate agents act as investment mediators, channelling different kinds of people and capital into different kinds of housing. Housing has historically been – and continues to be – used as a mediator between individuals and national economic strategy. As the strategic function of housing as an asset continues to change, agents continue to draw on these changing structures in their working operations. The operation of housing markets therefore acts as a mechanism to serve different strategic functions, promoting different kinds of investment into the national economy.
| Type: | Thesis (Doctoral) |
|---|---|
| Qualification: | Ph.D |
| Title: | National Housing Strategy and Market Mediation in London |
| Event: | UCL (University College London) |
| Language: | English |
| Additional information: | Copyright © The Author 2019. Original content in this thesis is licensed under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) Licence (https://creativecommons.org/licenses/by/4.0/). Any third-party copyright material present remains the property of its respective owner(s) and is licensed under its existing terms. Access may initially be restricted at the author’s request. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > The Bartlett School of Planning |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10082559 |
Archive Staff Only
 |
View Item |
