2 Comments
User's avatar
Ronan Lyons's avatar

Looking forward to this series. One suggestion - it might be useful to define what you mean by "financialization" as (a bit like neoliberal) it can mean very different things to different people. (Personally, for this reason, I was a bit skeptical about the term, until I read John Kay's excellent book, "Other People's Money".)

In this post, it seems to refer to large landlords displacing smaller ones, which is not about finance per se (all landlords need capital), but the use of the term may be referring to greater financial "supply chains" or intermediation?

Expand full comment
Michael Byrne's avatar

Thanks Ronan. I've also been a bit skeptical of the financialization, and partially due to the issue you raise in your comment. The distinction between large and small landlords (conceptually) is not that clear to me. If I get a chance, I'll include the two main definitions of the concept in the next post in this series, one from Manuel Aalbers and the other from Greg Fueller (his Political Economy of Housing Financialization is worth a look).

Expand full comment