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100 _aRevington, Nick
_957510
245 _aMaking a market for itself:
_bEmergent financialization of student housing in Canada/
260 _bSage,
_c2020.
300 _aVol. 52, Issue 5, 2020 ( 856–877 p.)
520 _aThis paper demonstrates the infiltration of finance into increasingly niche real estate sectors, taking the example of the emergent Canadian purpose-built student accommodation (PBSA) sector since 2011. Drawing on a novel database of PBSA, qualitative document analysis, and key informant interviews, we uncover the business strategies and geographic patterns of investment in the sector. We then consider the local impacts of this phenomenon in Waterloo, Ontario, the country’s largest PBSA market, where finance-driven new-build studentification has contributed to higher housing costs and age segregation. This process of financialization has differed from other housing sectors as it depends on the creation of new student housing to provide an avenue for investment therein. At the same time, finance-driven new-build studentification functions as a spatial fix by directing investment to secondary cities. However, this process has been fragile, marked as much by failure as success, pointing to the limits of financialization.
700 _aAugust, Martine
_957511
773 0 _08877
_917103
_dLondon Pion Ltd. 2010
_tEnvironment and planning A
_x1472-3409
856 _uhttps://doi.org/10.1177/0308518X19884577
942 _2ddc
_cEJR
999 _c14477
_d14477