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Please use this identifier to cite or link to this item: https://dspace.lboro.ac.uk/2134/9139

Title: No place called home: the causes and social consequences of the UK housing 'bubble'
Authors: Bone, John
O'Reilly, Karen
Keywords: Housing bubble
Credit crunch
Buy to let
Broken society
Marketization
Social justice
Well being
Issue Date: 2010
Publisher: Blackwell © London School of Economics and Political Science
Citation: BONE, J. and O'REILLY, K., 2010. No place called home: the causes and social consequences of the UK housing ‘bubble’. The British Journal of Sociology, 61 (2), pp. 231-255
Abstract: This paper examines the key causes and social consequences of the much debated UK ‘housing bubble’ and its aftermath from a multidimensional sociological approach, as opposed to the economic perspective of many popular discussions. This is a phenomenon that has affected numerous economies in the first decade of the new millennium. The discussion is based on a comprehensive study that includes exhaustive analysis of secondary data, content and debate in the mass media and academia, primary data gathered from the monitoring of weblogs and forums debating housing issues, and case histories of individuals experiencing housing difficulties during this period. This paper is intended to provide a broad overview of the key findings and preliminary analysis of this ongoing study, and is informed by a perspective which considers secure and affordable housing to be an essential foundation of stable and cohesive societies, with its absence contributing to a range of social ills that negatively impact on both individual and collective well being. Overall, it is argued that we must return to viewing decent, affordable housing as an essential social resource, that provides the bedrock of stable individual, family and community life, while recognizing that its increasing treatment as a purely economic asset is a key contributor to our so-called ‘broken society’.
Description: This article is closed access, it was published in the serial The British Journal of Sociology. The definitive version is available at: http://onlinelibrary.wiley.com/doi/10.1111/j.1468-4446.2010.01311.x/abstract
Version: Accepted for publication
DOI: 10.1111/j.1468-4446.2010.01311.x
URI: https://dspace.lboro.ac.uk/2134/9139
Publisher Link: http://onlinelibrary.wiley.com/doi/10.1111/j.1468-4446.2010.01311.x/abstract
ISSN: 0007-1315
Appears in Collections:Closed Access (Social Sciences)

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