Grants and Contracts Details
Description
NSF DDRI: Human-Environment and Geographical Sciences Program
M. Wilson, I. Spangler, and M. Zook
ABSTRACT
Since the 2007 financial crisis, residential real estate – or simply housing – has increasingly been abstracted
into financial products that require digital technology and data analysis to operate at scale. This process,
defined as the financialization of housing, constitutes the home as both a financial asset and as a site of
belonging and intimacy in novel ways. Geographers argue that digital technologies introduce new forms of
surveillance, exclusion, and economic practice to everyday life. However, the design and use of digital
platform technologies for the specific purpose of managing, transacting, and surveying real estate—which
we refer to as “platform real estate” (Shaw 2018), or PRE—remains underexplored in geographic
scholarship. The pervasive US housing crisis, which the global pandemic has intensified for marginalized
people especially, highlights an urgent need for stronger understandings of these dynamics. The proposed
research draws on interviews, participant observation, and archival research to investigate how the design
and use of software products for the management of housing affects social and economic relationships
to housing and home. Focusing on New York City and San Francisco, we engage relevant actors who both
design (e.g., tech developers, financiers) and who use (e.g., tenants) the software products in question. The
broader impact of this research can be found in its applicability to legal and policy responses to the
regulation of digital real estate markets, which presently face accusations of racial discrimination (Srikanth
2020; Azavedo 2020; Hauen 2020). The study is also timely, as the Covid-19 crisis has accelerated the
adoption of “frictionless” PRE technologies (McElroy 2019) in the real estate sector. The intellectual merit
of the research lies its broad interdisciplinary appeal to fields including code & software, platform, and
science & technology studies.
Status | Finished |
---|---|
Effective start/end date | 5/15/22 → 8/31/23 |
Funding
- National Science Foundation: $12,425.00
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