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Conceptualising ‘financialisation’: governance, organisational behaviour and social interaction in UK housing


Jacobs, K and Manzi, T, Conceptualising financialisation': governance, organisational behaviour and social interaction in UK housing, International Journal of Housing Policy, 20, (2) pp. 184-202. ISSN 1949-1247 (2020) [Refereed Article]

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Copyright 2019 Informa UK Limited, trading as Taylor & Francis Group

DOI: doi:10.1080/19491247.2018.1540737


This paper interrogates the concept of financialisation and assesses its utility for housing scholarship. It begins by noting the elasticity of the concept and considers some of the criticisms made against its deployment. The main body of the paper, using the UK as an example, puts forward suggestions to operationalise the concept across three scales: structural (to analyse the governance of housing); institutional (to explain formal and informal processes, including the behaviour of housing organisations) and individual (to understand the ways that financialisation is imposed but also resisted within social settings). Amongst the arguments presented is that the concept has most utility for researchers when applied historically, to make explicit how the variegated, situational and adaptive practices that are now in place have their origins in earlier stages of capitalist development. The paper concludes by suggesting that financialisation is most productive when applied alongside, rather than in place of concepts such as neoliberalism and commodification.

Item Details

Item Type:Refereed Article
Keywords:financialisation, commodification, neoliberalism, housing, governance
Research Division:Human Society
Research Group:Sociology
Research Field:Urban sociology and community studies
Objective Division:Law, Politics and Community Services
Objective Group:Government and politics
Objective Field:Public services policy advice and analysis
UTAS Author:Jacobs, K (Professor Keith Jacobs)
ID Code:130434
Year Published:2020 (online first 2019)
Funding Support:Australian Research Council (FT120100471)
Web of Science® Times Cited:22
Deposited By:Office of the School of Social Sciences
Deposited On:2019-01-24
Last Modified:2021-10-01

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