Resurgent landlordism in a student city: Urban dynamics of private rental growth

Cody Hochstenbach*, Barend Wind, Rowan Arundel

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

24 Citations (Scopus)
134 Downloads (Pure)

Abstract

Many countries have seen a remarkable revival of private-rental housing markets in recent years. Academic literature so far has focused on theorizing the political-economic drivers of reinvestment in the tenure or on charting aggregate trends. This paper adds to these literatures in several ways based on a fine-grained analysis of housing market transformations in Groningen, a medium-sized university city in The Netherlands. First, we reveal the variegated trajectories through which private-rental growth materializes on the ground and untangle the role of different types of landlords. While small-scale private landlords remain dominant, we find a clear and important trend toward property concentration. Second, we highlight variations in spatial investment strategies across landlord types. Third, we reveal how contemporary dynamics of increased landlordism play out in a medium-sized city, embedded in a context of national private rental resurgence and local housing market pressures of a growing student city.

Original languageEnglish
Pages (from-to)769-791
Number of pages23
JournalUrban geography
Volume42
Issue number6
Early online date22-Mar-2020
DOIs
Publication statusPublished - 2021

Keywords

  • Housing
  • private rent
  • landlordism
  • buy-to-let
  • socio-spatial inequality
  • HOUSING WEALTH
  • ASSET CLASS
  • MARKET
  • BUY
  • FINANCIALISATION
  • INVESTMENT

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