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Housing ideology and urban residential change: The rise of co-living in the financialized city

Author

Listed:
  • Tim White

    (Department of Sociology, London School of Economics and Political Science, London, UK)

  • David Madden

    (Department of Sociology, London School of Economics and Political Science, London, UK)

Abstract

This article develops the concept of housing ideology in order to analyze the rise of co-living. Housing ideology refers to the dominant ideas and knowledge about housing that are used to justify and legitimize the housing system and its place within the broader political economy. Co-living is the term for privately operated, for-profit multiple occupancy rental housing. The article argues that the rise of co-living is supported by four key ideological elements—corporate futurism, technocratic urbanism, market populism and curated collectivism—which serve to legitimize co-living within the housing system and enable its profitability. The ideology of co-living appears to critique many elements of the contemporary urban housing system. But despite its critical self-image, co-living does not represent an alternative to today’s financialized urbanization. Ultimately, the article argues for the importance of understanding the role of housing ideologies in residential change.

Suggested Citation

  • Tim White & David Madden, 2024. "Housing ideology and urban residential change: The rise of co-living in the financialized city," Environment and Planning A, , vol. 56(5), pages 1368-1384, August.
    • Handle: RePEc:sae:envira:v:56:y:2024:i:5:p:1368-1384
    DOI: 10.1177/0308518X241230446
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