Chapter

Understanding the drivers of housing market change in Britain’s postindustrial cities

Brendan Nevin and Philip Leather

in Building on the past

Published by Policy Press

Published in print March 2006 | ISBN: 9781861347510
Published online March 2012 | e-ISBN: 9781447301578 | DOI: http://dx.doi.org/10.1332/policypress/9781861347510.003.0005
Understanding the drivers of housing market change in Britain’s postindustrial cities

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This chapter is primarily concerned with the issue of low demand housing, and reports the research conducted in the Manchester housing market renewal area. It sheds some light on how some of the primary drivers of multitenure housing abandonment originated from past public sector interventions, the economic restructuring, and market-driven changes in consumer preferences. The chapter ends by noting that former urban policy initiatives have been unable to address the powerful forces which have stimulated housing market decline. This is due to their narrow focus on housing stock rather than the wider processes that make neighbourhoods unattractive as places to live.

Keywords: low demand housing; Manchester; housing market renewal; multitenure housing abandonment; public sector interventions; economic restructuring; market-driven changes; consumer preferences

Chapter.  7580 words.  Illustrated.

Subjects: Urban and Rural Studies

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