House builder networks and residential land markets

Adams, D. , Leishman, C. and Watkins, C. (2012) House builder networks and residential land markets. Urban Studies, 49(4), pp. 705-720. (doi: 10.1177/0042098011405687)

[img] Text
42805.pdf - Accepted Version

322kB

Abstract

The commercial prospects of speculative housebuilders depend crucially on successful land acquisitions. This paper presents new evidence revealing the importance housebuilders attach to networks with other important actors in securing future land supplies. Since networks depend on trust, reputation and voluntary collaboration, they indicate the importance of social relations within the industry. The paper argues that UK speculative housebuilders rely more on networks than markets to source land and that they structure those networks to enhance their own competitive positions. Reflecting Granovetter’s belief in the strength of weak ties, the paper emphasises the breadth not depth of housebuilder networks and contends that social relations within the industry are primarily dependent on pragmatic considerations of mutual self-interest.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Leishman, Prof Christian and Adams, Professor David
Authors: Adams, D., Leishman, C., and Watkins, C.
Subjects:H Social Sciences > HT Communities. Classes. Races
College/School:College of Social Sciences > School of Social and Political Sciences > Urban Studies
Journal Name:Urban Studies
ISSN:0042-0980
Published Online:23 May 2011
Copyright Holders:Copyright © 2011 Urban Studies Journal Ltd.
First Published:First published in Urban Studies 49(4):705-720
Publisher Policy:Reproduced in accordance with the copyright policy of the publisher

University Staff: Request a correction | Enlighten Editors: Update this record