1st Edition

Cities, Housing and Profits Flat Break-Up and the Decline of Private Renting

By Chris Hamnett, Bill Randolph Copyright 1988
    308 Pages
    by Routledge

    308 Pages
    by Routledge

    Originally published in 1988, this book documents and explains the emergence of flat ‘break-ups’ – the sale of individual owner occupation of blocks of flats which were previously privately rented and which played a major role in the transformation of the private housing market in London since the 1960s. The book shows that the flat break-up market in London was not a unique phenomenon but one of the most geographically concentrated manifestations of the trend for sales from private renting to owner occupation which has been established in the UK since the 1920s. The interrelationship between the causes of the decline of the privately rented sector in Britain and the features specific to the flat market comprises the second theme of the book.

     

    Biography

    Chris Hamnett is Professor Emeritus at King's College London and Bill Randolph is Director, City Futures Research Centre at UNSW Sydney, Australia.

    'This reissue of Cities, Housing and Profits makes available Hamnett and Randolph’s pathbreaking study of the transformation of London’s housing stock from places of habitation to a tradeable asset and the consequences for the development of the city. It remains a significant contribution to our understanding of the financialization of property markets and its effects. ' Susan F. Fainstein, Senior Research Fellow, Harvard Graduate School of Design