Crook, A.D.H. and Kemp, P.A. (2019) In search of profit: housing association investment in private rental housing. Housing Studies, 34 (4). pp. 666-687. ISSN 0267-3037
Abstract
The traditional mission of housing associations in England is to provide non-profit housing let at sub-market rents to low-income and disadvantaged households. And yet in recent years, large ‘property developer housing associations’ have begun to invest in for-profit private rental homes let at market rents. Despite long waiting lists for their accommodation, these housing associations are mainly letting their for-profit rental homes to middle-income tenants rather than their traditional low-income clientele. Drawing on a ‘historical institutional’ conceptual framework, and combining structural and ‘agency’ explanations, this paper explores the reasons for this new trend. It argues that investment by large developer housing associations in for-profit and more upmarket rental homes will become increasingly important relative to their non-profit social housing. Over time, this ‘partial recalibration’ of their landlord role is likely to gradually transform the institutional rules, everyday practices and norms that shape their behaviour.
Metadata
Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2018 Informa UK Limited, trading as Taylor & Francis Group. This is an author-produced version of a paper subsequently published in Housing Studies. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Housing associations; private rental housing; historical institutionalism; build to rent |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Urban Studies & Planning (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 20 Oct 2023 08:58 |
Last Modified: | 20 Oct 2023 08:58 |
Status: | Published |
Publisher: | Informa UK Limited |
Refereed: | Yes |
Identification Number: | https://doi.org/10.1080/02673037.2018.1468419 |
Related URLs: |