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Becoming a landlord: strategies of property-based welfare in the private rental sector in Great Britain

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  • Adriana Mihaela Soaita
  • Beverley Ann Searle
  • Kim McKee
  • Tom Moore

Abstract

Ongoing neoliberal policies have realigned the links between housing and welfare, positioning residential property investment – commonly through homeownership and exceptionally also through landlordism – at the core of households’ asset-building strategies. Nonetheless, the private rented sector (PRS) has been commonly portrayed as a tenure option for tenants rather than a welfare strategy for landlords. Drawing on qualitative interviews with landlords across Great Britain, we explore landlords’ different motivations in engaging in landlordism; and the ways in which their property-based welfare strategies are shaped by the particular intersection of individual socioeconomic and life-course circumstances, and the broader socioeconomic and financial environment. By employing a constructionist grounded approach to research, our study contributes to a more nuanced understanding of the different ways that asset-based welfare strategies operate within the PRS. We draw attention to an understudied nexus between homeownership and landlordism which we argue represents a promising route for future research.

Suggested Citation

  • Adriana Mihaela Soaita & Beverley Ann Searle & Kim McKee & Tom Moore, 2017. "Becoming a landlord: strategies of property-based welfare in the private rental sector in Great Britain," Housing Studies, Taylor & Francis Journals, vol. 32(5), pages 613-637, July.
    • Handle: RePEc:taf:chosxx:v:32:y:2017:i:5:p:613-637
    DOI: 10.1080/02673037.2016.1228855
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    References listed on IDEAS

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    1. Hills, John & Brewer, Mike & Jenkins, Stephen P & Lister, Ruth & Lupton, Ruth & Machin, Stephen & Mills, Colin & Modood, Tariq & Rees, Teresa & Riddell, Sheila, 2010. "An anatomy of economic inequality in the UK: report of the National Equality Panel," LSE Research Online Documents on Economics 28344, London School of Economics and Political Science, LSE Library.
    2. John Hills, 2010. "An Anatomy of Economic Inequality in the UK - Report of the National Equality Panel," CASE Reports casereport60, Centre for Analysis of Social Exclusion, LSE.
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    Cited by:

    1. Engelbert Stockhammer & Christina Wolf, 2019. "Building blocks for the macroeconomics and political economy of housing," Japanese Economy, Taylor & Francis Journals, vol. 45(1-2), pages 43-67, April.
    2. Christine Wen & Jeremy L. Wallace, 2019. "Toward Human-Centered Urbanization? Housing Ownership and Access to Social Insurance Among Migrant Households in China," Sustainability, MDPI, vol. 11(13), pages 1-14, June.
    3. Martin, Chris & Hulse, Kath & Ghasri, Milad & Ralston, Liss & Crommelin, Laura & Goodall, Zoë & Parkinson, Sharon & Webb, Eileen O’Brien, 2022. "Regulation of residential tenancies and impacts on investment," SocArXiv sr65b, Center for Open Science.

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