I’m super excited to be organising this workshop, which is co-hosted by the School of Architecture, Design and Planning’s Urban Housing Lab and the Smart Urbanism Lab. Dr Desiree Fields will cover two related themes: (1) The financialisation of housing; and (2) the use of digital technologies to manage the new asset classes that are being created by the financialisation of housing.
Place are strictly limited to 30 people, so get in early. RSVP: pranita.shrestha@sydney.edu.au by 23 October 2017
Dr Desiree Fields will cover two related themes: (1) The financialisation of housing; and (2) the use of digital technologies to manage the new asset classes that are being created by the financialisation of housing. Dr Fields traces the creation of new modes of property-led financial accumulation emerging in the US in the wake of the 2008 financial crisis. In particularly, she focuses on the historical and geographic contingencies making it possible to conceive of a large-scale single-family rental (SFR) market, the work of state and capital market actors in reframing repossessed single-family homes as rental properties, the strategies of issuers and credit rating agencies to frame a novel asset class for institutional investors, and the ways digital technologies allow for new forms of abstraction and aggregation. The SFR asset class affirms the fundamental role for housing in the ideology of capital, and speaks to new entanglements of financial actors, digital platforms, and home life as financial accumulation is adjusted to the post-crisis context.
The program has been designed to allow for extensive discussion around the key ideas. We will circulate several readings before the workshop. Participants are expected to contribute to the group debates.
HOME 