Ongoing neoliberal policies have realigned the links between housing and welfare, positioning residential property investment––commonly through homeownership and exceptionally also through landlordism––at the core of households’ asset-building strategies. Nonetheless the private rented sector (PRS) has been commonly portrayed as a tenure option for tenants rather than a welfare strategy for landlords. Drawing on qualitative interviews with landlords across Great Britain, we explore landlords’ different motivations in engaging in landlordism; and the ways in which their property-based welfare strategies are shaped by the particular intersection of individual socioeconomic and life-course circumstances, and the broader socioeconomic and financial environment. By employing a constructionist grounded approach to research, our study contributes to a more nuanced understanding of the different ways that asset-based welfare strategies operate within the PRS. We draw attention to an understudied nexus between homeownership and landlordism which we argue represents a promising route for future research.
- private rental sector
- asset-based welfare
- United Kingdom
Soaita, A. M., Searle, B. A., McKee, K., & Moore, T. (2017). Becoming a landlord: strategies of property-based welfare in the private rental sector in Great Britain. Housing Studies, 32(5), 613-637. https://doi.org/10.1080/02673037.2016.1228855