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Performing calculative practices: residual valuation, the residential development process and affordable housing

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  • Laurence Murphy

Abstract

This article examines the ways in which post-social and relational theories have the potential to add to our understanding of housing issues. Drawing on the work of the sociologist Michel Callon and the geographer Susan Smith, it examines the ways in which housing markets are made. In particular, focusing on calculative practices it examines how the performative nature of residual valuation calculations has profound implications for the operation of housing markets and ultimately challenges the capacity of the development sector to produce affordable housing. In addition, using the example of planning practice in England, it examines the ways in which potentially transgressive adaptations of ‘locked-in’ calculative practices are resisted. It is argued that a research focus on calculative practices challenges ‘externalized’ understandings of housing markets and has the potential to render the performative nature of calculations visible.

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  • Laurence Murphy, 2020. "Performing calculative practices: residual valuation, the residential development process and affordable housing," Housing Studies, Taylor & Francis Journals, vol. 35(9), pages 1501-1517, October.
    • Handle: RePEc:taf:chosxx:v:35:y:2020:i:9:p:1501-1517
    DOI: 10.1080/02673037.2019.1594713
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    Cited by:

    1. Hazel Easthope & Laura Crommelin & Sophie-May Kerr & Laurence Troy & Ryan van den Nouwelant & Gethin Davison, 2022. "Planning for Lower-Income Households in Privately Developed High-Density Neighbourhoods in Sydney, Australia," Urban Planning, Cogitatio Press, vol. 7(4), pages 213-228.
    2. Richardson, Benjamin Felix, 2022. "Finance, food, and future urban zones: The failure of flexible development in Auckland, New Zealand," Land Use Policy, Elsevier, vol. 119(C).
    3. Quintin Bradley, 2022. "The accountancy of marketisation: Fictional markets in housing land supply," Environment and Planning A, , vol. 54(3), pages 493-507, May.
    4. Peter Phibbs & Nicole Gurran, 2021. "The role and significance of planning in the determination of house prices in Australia: Recent policy debates," Environment and Planning A, , vol. 53(3), pages 457-479, May.

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