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City
Analysis of Urban Change, Theory, Action
Volume 24, 2020 - Issue 1-2
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Original Articles

Wealth accumulation through home ownership

The painful myth of housing tenure, and what to do about it

Pages 130-136 | Published online: 31 Mar 2020
 

Abstract

While homeownership is widely associated with a bundle of individual legal rights, it must be seen in relation to its social and political implications. This piece aims to differentiate the meaning and value of homeownership and make room for alternative tenures. Community Land Trusts are one promising alternative model. I argue that there is a great need to develop alternatives to homeownership and eventually to decommodify housing altogether.

Acknowledgement

The insightful help of Susan Fainstein is gratefully acknowledged. Many thanks to David Madden for editorial support.

Disclosure statement

No potential conflict of interest was reported by the author(s).

Additional information

Notes on contributors

Peter Marcuse

Peter Marcuse is a long-standing contributor to City and Professor Emeritus at the Graduate School of Architecture, Planning and Preservation, Columbia University. Email: [email protected]

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