Towards a multi-layered housing regime framework: responses to commentators

Stephens, M. (2020) Towards a multi-layered housing regime framework: responses to commentators. Housing, Theory and Society, 37(5), pp. 584-596. (doi: 10.1080/14036096.2020.1816573)

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Abstract

In this article I respond to commentators’ observations relating to my Focus Article, “How housing systems are changing and why”, and propose a multi-layered housing regime framework. I argue that the institutions of housing system are naturally located in the middle-range, and fall into three distinct spheres of production, consumption and exchange. These spheres interaction with the “wider welfare regime” which represents the institutions of the labour market, taxation and social security. They have distinctive distributional tendencies and set the “boundaries of possibility” of the social rented sector’s role. Sitting above these middle-range institutions are macro-level drivers including macro-economic policy and the relatively new phenomenon of “really big finance” implied by unconventional monetary policies adopted by many central banks. Beneath the middle-range institutions lie regional and metropolitan markets where institutional variations and market pressures may produce intra-regime variation of outcomes.

Item Type:Articles
Additional Information:This paper is linked to the paper available at http://eprints.gla.ac.uk/219566/
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Stephens, Professor Mark
Authors: Stephens, M.
College/School:College of Social Sciences > School of Social and Political Sciences > Urban Studies
Journal Name:Housing, Theory and Society
Publisher:Taylor and Francis
ISSN:1403-6096
ISSN (Online):1651-2278
Published Online:12 October 2020
Copyright Holders:Copyright © 2020 The Author(s)
First Published:First published in Housing, Theory and Society 37(5):584-596
Publisher Policy:Reproduced under a Creative Commons License

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Project CodeAward NoProject NamePrincipal InvestigatorFunder's NameFunder RefLead Dept
300119UK Collaborative Centre for Housing Evidence (CaCHE)Kenneth GibbEconomic and Social Research Council (ESRC)ES/P008852/1S&PS - Urban Studies