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Performing (Housing) Markets

Author

Listed:
  • Susan J. Smith

    (Department of Geography, University of Durham, South Road, Durham, DH1 3LE, UK. Fax: 0191 334 1801, susanj.smith@durham.ac.uk)

  • Moira Munro

    (Department of Urban Studies, University of Glasgow, 25 Bute Gardens, Glasgow, G12 8RS, UK)

  • Hazel Christie

    (Institute of Geography, University of Edinburgh, Drummond Street, Edinburgh, EH8 9XP, UK. Fax: 0131 650 2524, hazel.christie@ed.ac.uk)

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.

Suggested Citation

  • Susan J. Smith & Moira Munro & Hazel Christie, 2006. "Performing (Housing) Markets," Urban Studies, Urban Studies Journal Limited, vol. 43(1), pages 81-98, January.
  • Handle: RePEc:sae:urbstu:v:43:y:2006:i:1:p:81-98
    DOI: 10.1080/00420980500409276
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    References listed on IDEAS

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    1. Carol Alexander & Michael Barrow, 1994. "Seasonality and Cointegration of Regional House Prices in the UK," Urban Studies, Urban Studies Journal Limited, vol. 31(10), pages 1667-1689, December.
    2. Gary Bridge, 2001. "Estate Agents as Interpreters of Economic and Cultural Capital: The Gentrification Premium in the Sydney Housing Market," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 25(1), pages 87-101, March.
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    Cited by:

    1. Sutti Ortiz, 2012. "Decisions and Choices: The Rationality of Economic Actors," Chapters, in: James G. Carrier (ed.), A Handbook of Economic Anthropology, Second Edition, chapter 4, Edward Elgar Publishing.
    2. Liis Ojamäe, 2009. "Making Choices in the Housing Market: A Social Construction of Housing Values," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 1(2).

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