IDEAS home Printed from https://ideas.repec.org/p/ehl/lserod/126131.html
   My bibliography  Save this paper

From tenants to subscribers: digital experiments in residential rent extraction

Author

Listed:
  • White, Tim

Abstract

Rent relations from landed property are increasingly being leveraged for experimentation with new forms of value capture via digital technologies. Inspired by platform corporations, real estate actors are constantly trialling innovations for deepening and extending residential rent extraction. This paper sheds light on these mounting experiments using the case of co-living, a real estate sector with a strong elective affinity to corporate capitalist technology. First, it documents attempts to optimise the rent-generating potential of real estate assets themselves via spatial surveillance and dynamic pricing. Second, it highlights efforts to establish forms of techno-economic enclosure beyond the limits of buildings via housing memberships and subscriptions. In so doing, the paper contributes to an emerging body of literature on the intersection between digital and residential rentierism.

Suggested Citation

  • White, Tim, 2024. "From tenants to subscribers: digital experiments in residential rent extraction," LSE Research Online Documents on Economics 126131, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:126131
    as

    Download full text from publisher

    File URL: http://eprints.lse.ac.uk/126131/
    File Function: Open access version.
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mara Ferreri & Romola Sanyal, 2022. "Digital informalisation: rental housing, platforms, and the management of risk," Housing Studies, Taylor & Francis Journals, vol. 37(6), pages 1035-1053, July.
    2. Tegan L Bergan & Emma R Power, 2024. "Microgeographies of assetisation: Realising value of households and residents in co-living housing," Environment and Planning A, , vol. 56(5), pages 1385-1400, August.
    3. Kampmann, David, 2024. "Venture capital, the fetish of artificial intelligence, and the contradictions of making intangible assets," LSE Research Online Documents on Economics 121107, London School of Economics and Political Science, LSE Library.
    4. Kean Birch & Fabian Muniesa, 2020. "Assetization: Turning Things into Assets in Technoscientific Capitalism," Post-Print halshs-02878684, HAL.
    5. Michael Byrne, 2020. "Generation rent and the financialization of housing: a comparative exploration of the growth of the private rental sector in Ireland, the UK and Spain," Housing Studies, Taylor & Francis Journals, vol. 35(4), pages 743-765, April.
    6. Dallas Rogers & Sophia Maalsen & Peta Wolifson & Desiree Fields, 2024. "Proptech and the private rental sector: New forms of extraction at the intersection of rental properties and platform rentierisation," Urban Studies, Urban Studies Journal Limited, vol. 61(14), pages 2778-2794, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Randy K Lippert & Debra Mackinnon & Stefan Treffers, 2024. "The new private urban governance: Vestiges, ventures and visibility," Urban Studies, Urban Studies Journal Limited, vol. 61(14), pages 2673-2685, November.
    2. Benjamin Raimbault, 2021. "Kean Birch, 2019, Neoliberal Bio-Economies? The Co-Construction of Markets and Natures Palgrave MacMillan, 208 p," Post-Print hal-03559527, HAL.
    3. Igor Calzada, 2024. "Decentralized Web3 Reshaping Internet Governance: Towards the Emergence of New Forms of Nation-Statehood?," Future Internet, MDPI, vol. 16(10), pages 1-29, October.
    4. Lorenzo Vidal & Javier Gil & Miguel A Martínez, 2024. "Accommodating ‘generation rent’: Unsettling dominant discourses on rental housing reform in Catalonia and Spain," Urban Studies, Urban Studies Journal Limited, vol. 61(11), pages 2060-2079, August.
    5. Jelke R. Bosma, 2022. "Platformed professionalization: Labor, assets, and earning a livelihood through Airbnb," Environment and Planning A, , vol. 54(4), pages 595-610, June.
    6. Sarah Ruth Sippel, 2023. "Tackling land’s ‘stubborn materiality’: the interplay of imaginaries, data and digital technologies within farmland assetization," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 40(3), pages 849-863, September.
    7. Jose Torres-Pruñonosa & Pablo García-Estévez & Josep Maria Raya & Camilo Prado-Román, 2022. "How on Earth Did Spanish Banking Sell the Housing Stock?," SAGE Open, , vol. 12(1), pages 21582440221, March.
    8. Tom Barnes, 2024. "Rethinking job loss in an age of assetisation: Lessons from the study of precarious older workers," Environment and Planning A, , vol. 56(3), pages 717-735, May.
    9. Dallas Rogers & Sophia Maalsen & Peta Wolifson & Desiree Fields, 2024. "Proptech and the private rental sector: New forms of extraction at the intersection of rental properties and platform rentierisation," Urban Studies, Urban Studies Journal Limited, vol. 61(14), pages 2778-2794, November.
    10. Alexandra Langford & Geoffrey Lawrence & Kiah Smith, 2021. "Financialization for Development? Asset Making on Indigenous Land in Remote Northern Australia," Development and Change, International Institute of Social Studies, vol. 52(3), pages 574-597, May.
    11. Franziska Cooiman, 2024. "Imprinting the economy: The structural power of venture capital," Environment and Planning A, , vol. 56(2), pages 586-602, March.
    12. Robert Wade & Geraint Ellis, 2022. "Reclaiming the Windy Commons: Landownership, Wind Rights, and the Assetization of Renewable Resources," Energies, MDPI, vol. 15(10), pages 1-31, May.
    13. Hualuoye Yang & Declan Redmond & Brendan Williams, 2024. "Planning Policies and Housing Development: Evaluating Ireland’s Fast-Track Planning Scheme 2017–2021," Land, MDPI, vol. 13(12), pages 1-36, November.
    14. Juan-Gabriel Gonzalez-Morales & Marina Checa-Olivas & Rafael Cano-Guervos, 2021. "Impact of Evictions and Tourist Apartments on the Residential Rental Market in Spain," Sustainability, MDPI, vol. 13(13), pages 1-13, July.
    15. Kholodilin, Konstantin A. & Kohl, Sebastian & Müller, Florian, 2022. "The rise and fall of social housing? Housing decommodification in long-run perspective," MPIfG Discussion Paper 22/3, Max Planck Institute for the Study of Societies.
    16. Devika Narayan, 2022. "Platform capitalism and cloud infrastructure: Theorizing a hyper-scalable computing regime," Environment and Planning A, , vol. 54(5), pages 911-929, August.
    17. Cooiman, Franziska, 2022. "Imprinting the economy: The structural power of venture capital," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, issue OnlineFir, pages 1-1.
    18. Richard Waldron, 2021. "Housing, place and populism: Towards a research agenda," Environment and Planning A, , vol. 53(5), pages 1219-1229, August.
    19. White, Tim & Rogers, Dallas & Maalsen, Sophia, 2024. "Housing disruptions: six conceptual entry points for analysing the digital transformation of housing and home," LSE Research Online Documents on Economics 126545, London School of Economics and Political Science, LSE Library.
    20. Benjamin Raimbault, 2021. "Kean Birch, 2019, Neoliberal Bio-Economies? The Co-Construction of Markets and Natures," Review of Agricultural, Food and Environmental Studies, Springer, vol. 102(1), pages 115-119, March.

    More about this item

    Keywords

    co-living; digital experiments; housing; rent;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehl:lserod:126131. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: LSERO Manager (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.