Landlord Elites on the Dutch Housing Market: Private Landlordism, Class, and Social Inequality

IF 7.2 1区 经济学 Q1 ECONOMICS Economic Geography Pub Date : 2022-03-08 DOI:10.1080/00130095.2022.2030703
C. Hochstenbach
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引用次数: 12

Abstract

Abstract The past decade has seen a revival of private renting across a wide range of countries and housing regimes. Economic and housing restructuring has enhanced rental housing’s appeal as an investment class. Apart from an increase in investment from firms, institutions, and trusts, this has triggered a revival of private landlordism among individuals and households. Yet, few detailed studies on the social, demographic, and economic profiles of landlords exist. To fill this gap and understand landlords’ class position, this article draws on Dutch register data with information on the entire Dutch population and housing stock. Analyses of their socioeconomic characteristics reveal the highly privileged class position of many landlords, with a substantial portion found in top income, wealth, and neighborhood positions. One-third of the top wealth percentile—the Dutch top 1 percent—consists of landlords, underscoring their vast economic power. Although landlords with larger housing portfolios are notably more affluent, small-scale landlords are also highly overrepresented in the upper economic strata. Fundamentally, this article’s findings urge us to consider landlordism specifically, and housing more broadly, in terms of class formation and delineation, with a class of landlord elites mobilizing multiple properties for the purpose of wealth accumulation and class reproduction.
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荷兰房地产市场上的地主精英:私人地主制度、阶级和社会不平等
在过去的十年中,许多国家和住房制度都看到了私人租赁的复苏。经济和住房结构调整增强了租赁住房作为一种投资类别的吸引力。除了企业、机构和信托的投资增加外,这还引发了个人和家庭私人房东的复苏。然而,关于房东的社会、人口和经济概况的详细研究却很少。为了填补这一空白并了解房东的阶级地位,本文利用了荷兰的登记数据,其中包含了整个荷兰人口和住房存量的信息。对其社会经济特征的分析揭示了许多房东的高度特权阶级地位,其中很大一部分是在最高收入、财富和邻里地位中发现的。荷兰最富有的1%人口中有三分之一是地主,这凸显了他们巨大的经济实力。虽然拥有更大住房组合的房东明显更富裕,但在上层经济阶层中,小规模房东的比例也很高。从根本上说,本文的研究结果促使我们在阶级形成和划分方面具体考虑房东制度,并更广泛地考虑住房问题,即一个地主精英阶层为了财富积累和阶级再生产而动员多种房产。
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来源期刊
Economic Geography
Economic Geography Multiple-
CiteScore
9.70
自引率
2.90%
发文量
0
期刊介绍: Economic Geography is a peer-reviewed journal dedicated to publishing original research that advances the field of economic geography. Their goal is to publish high-quality studies that are both theoretically robust and grounded in empirical evidence, contributing to our understanding of the geographic factors and consequences of economic processes. It welcome submissions on a wide range of topics that provide primary evidence for significant theoretical interventions, offering key insights into important economic, social, development, and environmental issues. To ensure the highest quality publications, all submissions undergo a rigorous peer-review process with at least three external referees and an editor. Economic Geography has been owned by Clark University since 1925 and plays a central role in supporting the global activities of the field, providing publications and other forms of scholarly support. The journal is published five times a year in January, March, June, August, and November.
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