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From tenants to subscribers: digital experiments in residential rent extraction

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  • 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
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    File URL: http://eprints.lse.ac.uk/126131/
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    References listed on IDEAS

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    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.
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    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

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