Housing, Finance, and Neoliberalism

Financialization describes the decades-long shift in which financial markets, institutions, and motives have come to dominate corporate strategy, public policy, and everyday life — most visibly in housing, where homes have been progressively recast as investment assets rather than places to live. Research in this area traces how the rise of shareholder-value ideology reshaped corporate governance, how neoliberal housing policies redirected welfare provision toward asset ownership, and how global capital flows concentrate wealth while deepening income inequality within and across cities. Scholars are actively debating whether these dynamics represent a coherent structural transformation of capitalism or a more contingent set of political choices that could be reversed — and, relatedly, how urban redevelopment and asset-based welfare have distributed the gains and costs of financialization unevenly across race, class, and geography.

Works

136,604

Total citations

893,369

Keywords

FinancializationShareholder ValueHousingCapital AccumulationNeoliberalismGlobal Finance