Post-crisis investment in single-family homes in Fulton County, Georgia

The twentieth and twenty-first centuries have witnessed shifts in the dominant modes of the provision of mortgage finance in response to crises of liquidity and devaluation of mortgage-related assets. The political economy of housing in the aftermath of the financial crisis of 2007 has been marked by the emergence of institutional single-family landlords. This thesis analyses these shifts in the financial use of single-family homes against Fligstein and McAdam's (2012) theory of strategic action fields, urban political economists' theories of capital circulation, and Cedric Robinson's (1983) elaboration of racial capitalism. Using empirical data from Fulton County, Georgia, I find that patterns of residential segregation perpetuated by various paths of mortgage finance provision and the institutionalization of single-family rental persist into 2017. This is due to shifts in the racial politics of the assignment of financial risk, and the historical context within which these politics play out.

Department dc:contributor.department

Massachusetts Institute of Technology. Department of Urban Studies and Planning.

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2017

Author dc:creator

• Call, Robert (Robert Michael)

Advisor dc:contributor.advisor

• Jason Jackson.

• Urban Studies and Planning.

Statement dc:rights

• MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/111399

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/111399