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Housing for Health: Does the Market Work?

Author

Listed:
  • Susan J Smith
  • Donna Easterlow
  • Moira Munro

    (School of the Built Environment, Heriot-Watt University, Chadwick Building, Riccarton Campus, Edinburgh EH14 4AS, Scotland)

Abstract

Markets are mechanisms for distributing goods and services according to people's ability to pay. They are also investment vehicles which can be used to secure financial gains as economies expand. Housing markets embrace both these features, and are popular in Britain as a way of maximising residential choice at the same time as protecting and enhancing personal wealth. All markets create winners and losers, but no systematic social differences in either risks or gains are expected. However, this paper shows that, as home ownership has become the British housing norm, people experiencing ill-health are one social group who can struggle to reap its benefits, either as a consumption good or as a financial asset. The way housing markets (currently) work may therefore tend to reinforce the health divide, though this is neither a necessary nor inevitable state of affairs.

Suggested Citation

  • Susan J Smith & Donna Easterlow & Moira Munro, 2004. "Housing for Health: Does the Market Work?," Environment and Planning A, , vol. 36(4), pages 579-600, April.
    • Handle: RePEc:sae:envira:v:36:y:2004:i:4:p:579-600
    DOI: 10.1068/a3672
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    References listed on IDEAS

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    1. Donna Easterlow & Susan J Smith, 2004. "Housing for Health: Can the Market Care?," Environment and Planning A, , vol. 36(6), pages 999-1017, June.
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    Cited by:

    1. Donna Easterlow & Susan J Smith, 2004. "Housing for Health: Can the Market Care?," Environment and Planning A, , vol. 36(6), pages 999-1017, June.
    2. Emma Baker & Laurence Lester & Andrew Beer, 2013. "Housing Assistance," SAGE Open, , vol. 3(3), pages 21582440134, July.
    3. Phuong Thu Nguyen & Preety Srivastava & Longfeng Ye & Jonathan Boymal, 2022. "Housing and occupant health: Findings from Vietnam," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(3), pages 1297-1321, December.
    4. Susan J Smith, 2008. "Owner-Occupation: At Home with a Hybrid of Money and Materials," Environment and Planning A, , vol. 40(3), pages 520-535, March.
    5. Siliang Wang & Conghui Cheng & Shukui Tan, 2019. "Housing Determinants of Health in Urban China: A Structural Equation Modeling Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 143(3), pages 1245-1270, June.
    6. Emma Baker & Rebecca Bentley & Kate Mason, 2013. "The Mental Health Effects of Housing Tenure: Causal or Compositional?," Urban Studies, Urban Studies Journal Limited, vol. 50(2), pages 426-442, February.
    7. Ariane Hillig, 2019. "Everyday financialization: The case of UK households," Environment and Planning A, , vol. 51(7), pages 1460-1478, October.
    8. Hazel Christie & Susan J Smith & Moira Munro, 2008. "The Emotional Economy of Housing," Environment and Planning A, , vol. 40(10), pages 2296-2312, October.

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