Valuing the Home: A Comparative Study of the Residential Property Market in Germany, Sweden and the UK


Project leader


Funding source

Swedish Research Council - Vetenskapsrådet (VR)


Project Details

Start date: 01/01/2010
End date: 31/12/2012
Funding: 2253000 SEK


Description

We propose to undertake a comparative study of the housing market in three research sites with distinctive institutional contexts: Germany, Sweden and the UK. Our overall aim is to analyze the determinants of the ´price´ a home, what that price represents, and what it means for our broader conceptualization of markets in terms of the construction of social and economic value. This requires a dual focus: a) it will be an analysis of the structural and institutional conditions in each site that influence the price of housing, for example, the organization of the market for housing and loans, the legal and regulatory infrastructure, tax regime, and so on; and b) our study will examine the practices of market participants themselves. By market participants, we primarily mean buyers and sellers, and the agents (e.g. brokers, bankers, lawyers) who are closely involved in the process of buying a home. This project engages with two significant bodies of research: first, the literature on housing in sociology and economics; and second, the economic sociology of markets, money and credit. The project addresses the construction of value on two key levels: those of institutions on the one hand, and of market practices on the other. The study will mostly use interviews and documents generated to enable comparison.

[Detta är ett forskningsprojekt som faller under ramen för det bilaterala forskningssamarbetet som finns mellan VR och dess brittiska motsvarighet ESRC]

Last updated on 2017-31-03 at 12:58