Housing Financialization and Community Wellbeing: Tenant Resistance in the Liveable City

Tenant movements are increasingly impacting urban governance and the development of housing in Canadian cities. Tenants resisting violent and ‘gentler’ forms of gentrification—through outright expulsion or being priced out of their communities—have demonstrated their unwillingness to allow...

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Main Author: Andrew Crosby
Format: Article
Language:English
Published: Institute of Sociology of the Czech Academy of Sciences 2024-06-01
Series:Critical Housing Analysis
Online Access:https://www.housing-critical.com/home-page-1/housing-financialization-and-community-wellbein
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author Andrew Crosby
author_facet Andrew Crosby
author_sort Andrew Crosby
collection DOAJ
description Tenant movements are increasingly impacting urban governance and the development of housing in Canadian cities. Tenants resisting violent and ‘gentler’ forms of gentrification—through outright expulsion or being priced out of their communities—have demonstrated their unwillingness to allow financialized real estate to determine their housing futures. At the same time, tenants also have to contend with discourses of urban improvement that increasingly dominate the terrain of financialized rental housing (re)development. Community benefits agreements and other similar arrangements emphasizing neighbourhood liveability and wellbeing are increasingly deployed as devices to justify housing (re)development, but also work to facilitate gentrification. Through an examination of a struggle between tenants and a financialized real estate investment firm in Canada’s capital city Ottawa—which aspires to be North America’s most liveable mid-sized city—this article explores the implications of a Community Wellbeing Framework for a neighbourhood redevelopment project forged through tenant resistance efforts.
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spelling doaj-art-c8739bdbbb4040d8af42ede9b422cbbf2025-08-20T02:48:26ZengInstitute of Sociology of the Czech Academy of SciencesCritical Housing Analysis2336-28392024-06-01111688010.13060/23362839.2024.11.1.565Housing Financialization and Community Wellbeing: Tenant Resistance in the Liveable CityAndrew Crosbyhttps://orcid.org/0000-0002-6218-9078 Tenant movements are increasingly impacting urban governance and the development of housing in Canadian cities. Tenants resisting violent and ‘gentler’ forms of gentrification—through outright expulsion or being priced out of their communities—have demonstrated their unwillingness to allow financialized real estate to determine their housing futures. At the same time, tenants also have to contend with discourses of urban improvement that increasingly dominate the terrain of financialized rental housing (re)development. Community benefits agreements and other similar arrangements emphasizing neighbourhood liveability and wellbeing are increasingly deployed as devices to justify housing (re)development, but also work to facilitate gentrification. Through an examination of a struggle between tenants and a financialized real estate investment firm in Canada’s capital city Ottawa—which aspires to be North America’s most liveable mid-sized city—this article explores the implications of a Community Wellbeing Framework for a neighbourhood redevelopment project forged through tenant resistance efforts.https://www.housing-critical.com/home-page-1/housing-financialization-and-community-wellbein
spellingShingle Andrew Crosby
Housing Financialization and Community Wellbeing: Tenant Resistance in the Liveable City
Critical Housing Analysis
title Housing Financialization and Community Wellbeing: Tenant Resistance in the Liveable City
title_full Housing Financialization and Community Wellbeing: Tenant Resistance in the Liveable City
title_fullStr Housing Financialization and Community Wellbeing: Tenant Resistance in the Liveable City
title_full_unstemmed Housing Financialization and Community Wellbeing: Tenant Resistance in the Liveable City
title_short Housing Financialization and Community Wellbeing: Tenant Resistance in the Liveable City
title_sort housing financialization and community wellbeing tenant resistance in the liveable city
url https://www.housing-critical.com/home-page-1/housing-financialization-and-community-wellbein
work_keys_str_mv AT andrewcrosby housingfinancializationandcommunitywellbeingtenantresistanceintheliveablecity