Performing (Housing) Markets
- 1 January 2006
- journal article
- research article
- Published by SAGE Publications in Urban Studies
- Vol. 43 (1) , 81-98
- https://doi.org/10.1080/00420980500409276
Abstract
This paper offers an interpretation of how housing markets work which complements more traditional economic approaches. Building on a wider movement within cultural economy and economic sociology, it considers how (housing) markets are variously performed in the power-filled negotiations of buyers, sellers and market professionals. This is part of a larger undertaking, but here the focus is particularly on the role of legal, financial and information intermediaries in shaping local cultures of property exchange. This is a social rather than economic analysis of housing markets; it is a qualitative rather than a quantitative study. It is designed to shed light on how markets are made, though it might, in the end, change the way they are modelled.Keywords
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