6: The housing crisis and the contradictions of neoliberal residential capitalism in Europe: a critical approach

This chapter situates the housing affordability crisis spreading in different European countries within the political economy of neoliberal capitalism and as a core dimension of the European polycrisis. To this aim, a critical political economy framework is developed to analyse the structural, socia...

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Principais autores: Montalbano, Giuseppe, Flynn, Lindsay B.
Formato: Online
Idioma:inglês
Publicado em: Edward Elgar Publishing 2025
Assuntos:
Acesso em linha:https://directory.doabooks.org/handle/20.500.12854/168772
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author Montalbano, Giuseppe
Flynn, Lindsay B.
author_browse Flynn, Lindsay B.
Montalbano, Giuseppe
author_facet Montalbano, Giuseppe
Flynn, Lindsay B.
author_sort Montalbano, Giuseppe
collection Directory of Open Access Books
description This chapter situates the housing affordability crisis spreading in different European countries within the political economy of neoliberal capitalism and as a core dimension of the European polycrisis. To this aim, a critical political economy framework is developed to analyse the structural, social, and political dimensions of the housing affordability crisis. The chapter thus reconstructs the conflicts and crisis-prone tendencies of residential capitalism, as the premise to investigate neoliberal housing policy and its tensions. According to this perspective, the current housing crisis must be analysed as the disruption of a homeownership-led hegemonic project which served as a pillar of the broader neoliberal hegemonic offensive. The limits in the housing reform agendas that emerged in the wake of the pandemic point to the structural difficulties in steering a viable political mediation between the dominant rent-extraction logic in residential capitalism and the need for housing as a primary condition for social reproduction.
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spelling doab-20.500.12854ir-1687722025-11-03T13:44:22Z 6: The housing crisis and the contradictions of neoliberal residential capitalism in Europe: a critical approach Montalbano, Giuseppe Flynn, Lindsay B. Residential capitalism; Housing crisis; Critical Political Economy; Hegemonic project; Neoliberalism; Rentierism KCP JPSN KCX This chapter situates the housing affordability crisis spreading in different European countries within the political economy of neoliberal capitalism and as a core dimension of the European polycrisis. To this aim, a critical political economy framework is developed to analyse the structural, social, and political dimensions of the housing affordability crisis. The chapter thus reconstructs the conflicts and crisis-prone tendencies of residential capitalism, as the premise to investigate neoliberal housing policy and its tensions. According to this perspective, the current housing crisis must be analysed as the disruption of a homeownership-led hegemonic project which served as a pillar of the broader neoliberal hegemonic offensive. The limits in the housing reform agendas that emerged in the wake of the pandemic point to the structural difficulties in steering a viable political mediation between the dominant rent-extraction logic in residential capitalism and the need for housing as a primary condition for social reproduction. Published 2025-11-03T13:44:20Z 2025-11-03T13:44:20Z 2025-10-21 chapter 9781035347940 https://directory.doabooks.org/handle/20.500.12854/168772 eng image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://www.e-elgar.com/shop/gbp/critical-political-economy-of-the-european-polycrisis-9781035347933.html https://www.elgaronline.com/edcollchap-oa/book/9781035347940/chapter6.xml Edward Elgar Publishing Edward Elgar Publishing 10.4337/9781035347940.00012 10.4337/9781035347940.00012 01ceac28-75b4-492a-8eec-f9b98bc6b28c https://creativecommons.org/licenses/by-nc-nd/4.0/ 9781035347940 Edward Elgar Publishing Cheltenham, UK open access
spellingShingle Residential capitalism; Housing crisis; Critical Political Economy; Hegemonic project; Neoliberalism; Rentierism
KCP
JPSN
KCX
Montalbano, Giuseppe
Flynn, Lindsay B.
6: The housing crisis and the contradictions of neoliberal residential capitalism in Europe: a critical approach
title 6: The housing crisis and the contradictions of neoliberal residential capitalism in Europe: a critical approach
title_full 6: The housing crisis and the contradictions of neoliberal residential capitalism in Europe: a critical approach
title_fullStr 6: The housing crisis and the contradictions of neoliberal residential capitalism in Europe: a critical approach
title_full_unstemmed 6: The housing crisis and the contradictions of neoliberal residential capitalism in Europe: a critical approach
title_short 6: The housing crisis and the contradictions of neoliberal residential capitalism in Europe: a critical approach
title_sort 6 the housing crisis and the contradictions of neoliberal residential capitalism in europe a critical approach
topic Residential capitalism; Housing crisis; Critical Political Economy; Hegemonic project; Neoliberalism; Rentierism
KCP
JPSN
KCX
topic_facet Residential capitalism; Housing crisis; Critical Political Economy; Hegemonic project; Neoliberalism; Rentierism
KCP
JPSN
KCX
url https://directory.doabooks.org/handle/20.500.12854/168772
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