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The emergence of a Build to Rent model: The role of narratives and discourses.
- Source :
- Environment & Planning A; Aug2021, Vol. 53 Issue 5, p1140-1157, 18p
- Publication Year :
- 2021
-
Abstract
- This paper analyses 'Build to Rent' (BTR), a new form of tenure in London's housing market. We examine the ways in which private and public sector actors have shaped the context of BTR's emergence, and developed a model for delivery in London. We argue they relied on and constructed narratives of negativity about the private rental sector, which were juxtaposed with their product to position BTR as a solution to part of London's housing crisis. Building on this, and leveraging an emerging but supportive institutional context, real estate professionals have adapted a US model to the UK. We argue that both the narrative-generating activities and the model development reveal tensions, which help theorise the ways new models of financing housing emerge. [ABSTRACT FROM AUTHOR]
- Subjects :
- HOUSING market
HOUSE construction
LEASE & rental services
RENTAL housing
HOUSING
Subjects
Details
- Language :
- English
- ISSN :
- 0308518X
- Volume :
- 53
- Issue :
- 5
- Database :
- Complementary Index
- Journal :
- Environment & Planning A
- Publication Type :
- Academic Journal
- Accession number :
- 151628775
- Full Text :
- https://doi.org/10.1177/0308518X20969417