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Thursday, March 17 • 1:30pm - 2:55pm
TH1.30.20 Market Logics in Housing Policy and Practice: An Exploration of the Relationship Between Financialization and Privatization

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The domination of housing policy by market logic is a central feature of neoliberal urbanism, in theory and practice. But subsumed within the category of ‘market logic’ are diverse processes and frameworks, including privatization (selling or transferring public assets to private ownership) and financialization (the influence of financial logics, actors, and practices in “non-financial” domains). In this colloquy speakers will draw on insights from research in the realm of housing, considering the interrelations and tensions between financialization and privatization through addressing questions like: • Where do privatization and financialization overlap, co-exist, and/or differ? Are they in conflict, and if so how? • What are the spatial and temporal dynamics of financialization and privatization? • What is the role of the state in promoting these logics? • How are these frameworks subject to political contestation? • What research is needed to address these questions, and to expand the inquiry to other urban policy domains? Fields discusses how the state’s privileging of the interests of markets, financial institutions, and investors before and after the 2008 crisis have reinforced and extended financialization into the rental market. Teresa examines how the state manages financialization in privatized affordable housing production as an individualized-tenant legal problem, and how this approach circumscribes and/or provides new routes for collective political action. Khare discusses how the nexus of federal deregulation policy and political influence by an elite governing coalition coalesced to advance the privatization and financialization of Chicago’s public housing in the post-recession period, though not without organized resistance. Dozier discusses a second-wave property-tax revolt of Southern California’s propertied elites’ use of state property-tax levee policy, which sought to produce affordable housing, but with elite planning subsidized and privatized urban redevelopment. Guimond investigates the work that new flows of capital into low-income housing do to overcome multiple forms of difference and make disinvested areas sites of accumulation.

Speakers
DD

Deshonay Dozier

The Graduate Center of the City University of New York
Deshonay Dozier is a member of the Black Men and Boys Street PAR collective with the Los Angeles Community Action Network. Her research and activism is on policing, gentrification, and shared equity housing.
DF

Desiree Fields

University of Sheffield
CG

Catherine Guimond

San Francisco Art Institute
avatar for Amy Khare

Amy Khare

Ph.D. Candidate, University of Chicago
Amy Khare’s research seeks to shape solutions to persistent poverty and structural inequality, with a specific focus on affordable housing, community development, and market-driven policies. Her central line of inquiry examines how urban politics influences the privatization of... Read More →
BT

Benjamin Teresa

The Graduate Center of the City University of New York

Moderators
avatar for Amy Khare

Amy Khare

Ph.D. Candidate, University of Chicago
Amy Khare’s research seeks to shape solutions to persistent poverty and structural inequality, with a specific focus on affordable housing, community development, and market-driven policies. Her central line of inquiry examines how urban politics influences the privatization of... Read More →

Thursday March 17, 2016 1:30pm - 2:55pm PDT
Indigo Ballroom B