The emergence of a Build to Rent model: The role of narratives and discourses
Environment and Planning A
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Brill, F., & Durrant, D. (2021). The emergence of a Build to Rent model: The role of narratives and discourses. Environment and Planning A https://doi.org/10.1177/0308518X20969417
This paper analyses ‘Build to Rent’ (BTR), a new form of tenure in London’s housing market. We examine the ways in which private and public sector actors have shaped the context of its emergence, and developed a model for delivery in London. We argue this relies on the con- struction of narratives of negativity about the private rental sector which BTR actors juxtapose with their product, to position BTR as a solution to part of London’s housing crisis. Building on this, and leveraging an emerging but supportive institutional context, real estate professionals have adapted a US model to the UK. We argue that both the narrative generating activities and the model development reveal tensions, which help theorise further the mechanisms by which new models of financing housing emerge.
External DOI: https://doi.org/10.1177/0308518X20969417
This record's URL: https://www.repository.cam.ac.uk/handle/1810/315359
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